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Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K

Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K

Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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