Greeks.live: Traders are diverging between judging the bottom of Bitcoin and expecting further falls.

Odaily News Greeks.live macro researcher Adam released an English community briefing, pointing out that there is a clear divergence in the market direction among the community, with traders showing a split between judging the bottom of Bitcoin and expecting further declines. The key price levels to focus on include $116,000 as a key support level and $118,000 as a potential resistance level, with a divergence regarding whether the recent fall represents a buying opportunity or the beginning of a deeper adjustment. MicroStrategy completed a $2.52 billion preferred stock IPO and immediately purchased 21,021 Bitcoins at a price of $117,256, providing significant institutional buying pressure.