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David Hoffman said that if BTC closes above 86600 USD it will signal strength.
Bankless founder: If Bitcoin's daily candle closes above 86600 USD it will signal strength
BlockBeats reported that October 2, Bankless founder David Hoffman posted that if BTC closes above 86600 USD, it will signal strength; if the daily closing price rises above 87,400 USD, it will be extremely bullish.
Original link https://m.theblockbeats.info/flash/370088
BlockBeats reported on October 2 that Bankless founder David Hoffman had expressed a related view.
David Hoffman said that if BTC the daily closing price rises above 86600 USD, it will signal strength.
David Hoffman said that if BTC the daily closing price rises above 87400 USD, it will be extremely bullish.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a personal technical view concerning the BTC price level, setting 86600 USD and 87400 USD as the two levels to watch. The evidence does not show that BTC has reached or closed at these levels.
Market participants may focus on BTC price performance near these two levels, but this is not a price breakout or fundamental event that has already occurred.
Beginners should understand this as a conditional judgment, rather than BTC a confirmed fact that the price has already risen.
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