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Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
Therefore, despite the 12% price decline from a high of $29,865 on May 6, traders using margin and futures contracts did not abandon their bullish stance. The movement indicates confidence that Bitcoin is more likely to reclaim $28,000 than succumb to the next support level near $24,500. Read Full Story The post Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish? appeared first on ForexTV...
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Posted: May 12 2023, 16:44
Author Name: forextv
Views: 081757