Reflexivity Founder: Bitcoin needs to break through the $65,000 level to confirm the bull market continues
Will Clemente, the founder of encryption analysis agency Reflexivity Research, posted on social media saying that it is psychologically very difficult to shift from trying to cut profits during a rebound to letting winners continue to rise in volatility. In my view, Bitcoin confirming market structure changes above $65,000 is the threshold for risk preference and changing this bias.
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.
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