Data highlights Bitcoin’s potential path to $40K amid global economic turbulence
Robust BTC derivatives data indicates strong demand for leveraged longs.
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Robust BTC derivatives data indicates strong demand for leveraged longs.
Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes.
Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later.