Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
Hex37's read
- Bitcoin price is showing signs of falling below $70,000.
- Prediction market odds indicate a bearish sentiment.
- The dip follows a recent six-week low price for BTC.
What it means for traders
- Traders may consider shorting BTCUSDT or placing bearish options.
- Increased volatility expected as price approaches the $70K level.
Affected markets
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