Top trader Eugene: Price action in the next few days will determine the medium- and long-term direction of Bitcoin

BlockBeats news, on September 20, top trader Eugene Ng Ah Sio posted on social media that "the price trend in the next few days will be very critical to determine the medium-term and long-term direction of Bitcoin."

Although Michael Saylor was the initial buyer of Bitcoin in the $59,000 to $63,000 range, if the price of Bitcoin can remain above $63,000, it means that the net direction of the market is upward again. If it falls below this level, the market may return to a volatile market.

I think the current situation is that the 60-40 probability has entered a new situation, but this will be the first real test."