2024

Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>Justin Sun said he did not go long on Bitcoin at $69,000.</strong></li> 
 <li><strong>The Tron founder reaffirmed his confidence in Bitcoin despite not being bullish.</strong></li> 
 <li><strong>Bitcoin formed an M-Top on the weekly chart amid increasing bearish momentum.</strong></li> 
</ul> 
<p>Tron founder Justin Sun clarified that he did not go long on Bitcoin after it broke the previous All-Time High (ATH) of around $69,000. In a recent post on X, Sun stated that despite not going long, he remains optimistic about Bitcoin’s development and confident about its future.</p> 
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   <p lang="en" dir="ltr">I am very optimistic about the development of Bitcoin and have great confidence in its future. However, I would like to clarify that I did not go long on Bitcoin at the $69,000 price level.</p>— H.E. Justin Sun 孙宇晨 (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1811631660724822527?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 12, 2024</a>
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<p>Sun’s comments on Bitcoin followed the pioneer crypto’s failure to sustain bullish momentum after rebounding from the $53,550 support. BTC gained 11% from the recent low, reaching a local high of $59,516 before succumbing to bearish pressure and falling below the 0.236 Fibonacci level on the daily chart.</p> 
<p>Notably, Bitcoin’s recent price action has caused several users to reconsider the sustainability of the bullish m…</p>
<p>The post <a href="https://coinedition.com/justin-suns-crypto-portfolio-does-it-include-bitcoin/">Justin Sun’s Crypto Portfolio: Does It Include Bitcoin?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Justin Sun’s Crypto Portfolio: Does It Include Bitcoin?

Coin Edition

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