Trader: Bitcoin's Expected Downtrend May Extend to $80,000
ChainCatcher news, according to Bloomberg, the options market shows that traders are increasing bearish bets, with a general consensus that the current decline is far from over, and large investors are withdrawing from the market.
Analysts expect that bitcoin may further drop to the $80,000 level, and the overall cryptocurrency market is engulfed in a bearish atmosphere.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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