Crypto Token Tracker logo Crypto Token Tracker logo
CoinOtag 2024-06-08 04:58:56

Bitcoin Hedge Fund Net Shorts Hit Record High Amid Market Volatility

Analyst Zerohedge highlights a notable rise in Bitcoin hedge fund net shorts, hitting a peak level not seen before. The critical support level of $68,500 for BTC becomes pivotal in determining its future price direction. A prediction from Analyst Alan Santana points towards a potential bearish movement for BTC’s price. Bitcoin Faces Heightened Volatility Amidst

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.