Bitcoin’s recent recovery has reignited bullish sentiment among crypto trading groups, but simultaneously, short positions are increasing on major exchanges like Binance and Bitmex. This growing divergence is creating a complex landscape for traders, as Bitcoin continues to hover below a crucial technical level. đź“ş Bitcoin’s recovery has sent crypto trading groups back into a bullish craze. But at the same time, shorts are still mounting on Binance & Bitmex. We talk about this contradiction, and whether top signals could bring this mini rally to a halt! https://t.co/uLC89uzvnZ pic.twitter.com/f7frD48A1V — Santiment (@santimentfeed) September 13, 2024 Historically, Bitcoin trading above its
The post Bitcoin Faces Mixed Signals As Trading Groups Turn Bullish But Shorts Rise appeared first on The Merkle News.
