Deribit: It is expected that BTC will continue to fluctuate within a range
Deribit posted an analysis of the market on platform X: "BTC trading is within the channel, despite political stances towards Bitcoin, weekend trading volume is low. Unrealistic proposals put forward by candidates (such as buying BTC as a reserve and firing the SEC chairman) have not had any impact. It's expected that BTC will maintain range fluctuations."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
8 in a Row: Ripple (XRP) ETFs Record Another Green Week but Warning Signs Return

XRP receives another boost through its partnership with Florida Sports

September 7: Zhang Lihui’s Bitcoin (BTC) market analysis and trading suggestions for today

A major whale has lost $20.17 million in 20 days and currently holds $106.6 million in short positions