Sluymer also noted that one of these key levels is at $7800, which Bitcoin nearly tested earlier last week, but to no avail, with Bitcoin struggling to surpass that level.The market analyst specifically said: “$7800 level, and it needs to get through that level to confirm that you are actually getting a trend reversal”However, like many analysts, Sluymer had something to say about the unlikely chance of a ‘worst comes to worst’ scenario. He mentioned that if Bitcoin does not hold price levels at $7350 and $7000, that we could see further moves towards the downside But Sluymer has still shared the bullish sentiment with his co-worker, Tom Lee, saying.If you’re short we think you should be very careful and reducing your short exposure. I think if you’re looking to be long this is where you start adding here to your long exposure ☑️
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