Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why. Key takeaways: Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery.Risk of another liquidation cascade to $105,000 seems less likely, but investor sentiment is misaligned with the trend seen in assorted cumulative volume data cohorts. Read more Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why. Key takeaways: Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery.Risk of another liquidation cascade to $105,000 seems less likely, but investor sentiment is misaligned with the trend seen in assorted cumulative volume data cohorts. Read more
Bitcoin trend reversal to $118K or another drop to $105K: Which comes first?
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Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why.
Key takeaways:
Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery.
Risk of another liquidation cascade to $105,000 seems less likely, but investor sentiment is misaligned with the trend seen in assorted cumulative volume data cohorts.
Read more
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