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Bitcoin traders load up on bearish bets all the way down to $52,000
Bitcoin traders are increasing bearish bets, targeting a price drop to $52,000. The move indicates growing pessimism about Bitcoin's short-term price trajectory.
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Adjacent reporting
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- Ethereum analysts see ‘downside risks’ as bears eye 20% ETH price drop
- Bitcoin Traders Flip Bearish as BTC Falls to Lowest Price in Months
- Ethereum Traders Grow Increasingly Bearish as ETFs Bleed, ETH Sinks Near $2,000
- Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision
- Ethereum traders say bears ‘in control’ after ETH price drop to $2K