How To Trade Bitcoin During Geopolitical Tensions? Here's One Whale Trader's Approach
Portfolio Pulse from Khyathi Dalal
Whale crypto trader Eugene Ng Ah Sio shares his contrarian strategy for trading Bitcoin during geopolitical tensions, suggesting buying during market dips caused by global conflicts. He anticipates a double bottom for Bitcoin at $60,000-$61,000.
October 02, 2024 | 2:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Eugene Ng Ah Sio suggests a contrarian strategy for Bitcoin, buying during market dips caused by geopolitical tensions. He anticipates a double bottom at $60,000-$61,000, indicating potential for swing long entries.
Ng Ah Sio's strategy is based on buying Bitcoin during dips caused by geopolitical tensions, expecting a double bottom at $60,000-$61,000. This suggests potential for price increase as tensions ease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100