Whale Trader Recaps $7M Profit In September, Predicts Bitcoin To Hit $100K-$200K: ‘Leg 2 Is Beginning, Time To Lock In’
Prominent cryptocurrency trader Eugene Ng on Saturday shared his trading reflections for September, highlighting a successful month that saw him net nearly $7 million in profits.
What Happened: His keen market strategies and timely decisions during a pivotal period have led him to predict a significant upcoming surge in Bitcoin (CRYPTO: BTC) and other leading cryptocurrencies.
Ng began the month with a conservative trading approach, reducing volumes after experiencing “scam wicks” in August.
However, things changed as he anticipated a bullish move ahead of the Federal Open Market Committee (FOMC) meeting. “The biggest correct decision I made this month was going long pre-FOMC,” Ng reflected in his post.
He took advantage of the market dynamics when most participants were focused on …
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