Panda Traders Sees Potential for Bitcoin to Hit Next Supply Zone
A cryptocurrency trader known as Panda Traders (@Panda_Traders) on Binance has shared some insights into their recent trades. They claim to have taken a 'good decision' in buying Bitcoin (BTC) around $60,000 and have already booked a 50% profit after it reached resistance above $64,000.
The trader suggests that the news of a peace deal with Iran may bring more liquidity into the market, which could push BTC towards its next supply zone around $68,000. However, they caution that 'anything can happen' once the official news is out.
Panda Traders also mentions taking long positions on $NEAR and shorting $ETH, as predicted in their morning update to premium members. The trader advises against doing FOMO (fear of missing out) trades at resistance levels.




