# Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’
” Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’ “ Bitcoin (BTC) price has tested the $16,000 resistance multiple times since the 25% crash that occurred between Nov. 7 and Nov. 9, and some critics will justify their bearish bias by incorrectly assuming that the failure of FTX…