Bitcoin don pass $117,000 for OKX wit 0.69% gain for inside one day
For August 9, di Bitcoin price for OKX sharply climb 0.69%, cross di $117,000 mark reach $117,005.50. Dis price increase show say market dey get fresh confidence, investors dey hopeful plus technical momentum dey push am. Traders go dey look well well whether dis upward trend go still continue as market people dey adjust dia positions.
Bullish
Bitcoin don break pass $117,000, plus e gain 0.69% during di day, show say di bullish momentum dey strong. Historically, di same kind breakout pass key resistance level don trigger more upside, like how e happen for previous rallies for mid-2024. For short term, traders fit push price higher, dem dey target di next resistance around $120,000. For long term, sustained gains fit make people get more confidence for di broader crypto market, attract more money and fit carry dem enter one long bull run. Market signs like increased trading volume for OKX and positive investor feeling dey support dis view.