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53% Of Binance Traders Are Shorting Bitcoin – What Does This Mean For Price Action?

Este artículo también está disponible en español. After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome.  Key data from Binance reveals that more than half of futures traders have…

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Plus Wallet Takes the Lead in Essential Markets, Updates on BTC & Coinbase

October 20, 2024 at 09:30 PM GST updated: October 20, 2024 at 04:42 PM 4 mins read Press Release Crypto enthusiasts have witnessed significant shifts recently. Bitcoin’s price experienced sharp fluctuations, triggering crypto liquidations worth $285 million for many traders. Simultaneously, Coinbase announced the forthcoming discontinuation of its Paycheck Direct Deposit service, causing concern among…

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