Recent economic news and broader market sentiment indicate a risk‑on environment—one that typically favors riskier assets like Bitcoin.
The latest COT report for Bitcoin futures shows that large institutional traders are building (or maintaining) net long positions, suggesting that the “smart money” is betting on further gains.
Together, these factors point toward a bullish outlook for BTC/USD over the next few days. That said, expect some volatility as the market continues to react to ongoing economic developments and shifts in risk sentiment.
Going all in guys✌️
The latest COT report for Bitcoin futures shows that large institutional traders are building (or maintaining) net long positions, suggesting that the “smart money” is betting on further gains.
Together, these factors point toward a bullish outlook for BTC/USD over the next few days. That said, expect some volatility as the market continues to react to ongoing economic developments and shifts in risk sentiment.
Going all in guys✌️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.