Bitcoin market cautious as longs and shorts balance out
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Bitcoin market cautious as longs and shorts stability out
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Bitcoin market cautious as longs and shorts stability out
Right prolonged/short ratios in futures counsel balanced market sentiment as Bitcoin holds at $60,000.
Bitcoin’s descend to below $50,000 on Aug. 5 marked the biggest drawdown within the most well-liked cycle, main to substantial profit losses and liquidations. And while BTC has proven solid signs of recovery since then, consolidating around $60,000, the market mute stays cautious as it recently dipped below this psychological give a boost to. This cautiousness is simplest considered […]
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