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via Decrypt · By Decrypt Editorial
Bitcoin Traders Flip Bearish as BTC Falls to Lowest Price in Months
BTC
BTC/USDT
$64,836.01
+0.97%
$64,836.01
+0.97%
(24s)24h Volume
$18,042,961,204.03
24h H/L
$65,043.94 / $63,267.34
Change: $1,776.60 (2.81%)
Long/Short
58.2%
Long: 58.2%Short: 41.8%
Funding Rate
+0.0064%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:35 PM UTC)
1 min read
In brief
- Traders have become bearish on Bitcoin, now favoring the next stop being $55,000 instead of $84,000.
- The flip comes as Bitcoin continues to slide following Strategy's BTC sale and surging ETF outflows.
- Bitcoin is now trading below $68,000—its lowest price in nearly two months.
Bitcoin traders are losing faith in the top crypto asset’s ability to jump higher in the near-term.
Predict…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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