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The Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further


The Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further

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Bitcoin's breakout attempt was rejected at $65,000 earlier this week and bears have pushed the price back below $63,000. One large trader has been building massive short positions, increasing downside risk and raising concerns about leveraged selling and market stability in crypto trading.

Bearish

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Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000.

One particular bear has garnered the community’s attention with massive short positions that they keep building on.

Read the article at CryptoPotato

In This News

Coins

$ 62.70K

-1.46%

$ 0.00169

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In This News

Coins

$ 62.70K

-1.46%

$ 0.00169

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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