A trader has added to their position against the consensus forecast that BTC will fall to $70,000 by year-end, while holding a $2.25 million short position. After the news broke, I checked the large orders first, then the price.
The direction isn’t clear. If you’re trading, it’s still best to follow market signals. Large players usually don’t rush into the first wave of a news-driven move; they’d rather scale in on pullbacks.
$BTC is currently at 83550.01, 24h -0.06%.
#BTC
The direction isn’t clear. If you’re trading, it’s still best to follow market signals. Large players usually don’t rush into the first wave of a news-driven move; they’d rather scale in on pullbacks.
$BTC is currently at 83550.01, 24h -0.06%.
#BTC