# Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic

# Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic

” Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic “ A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term. Bitcoin 12-hour USD price at FTX. Source: TradingView Recent…

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# Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

# Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

” Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions “ Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since December 2007. This shows that traders are demanding higher…

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