Bitcoin takes full advantage of U.S. dollar weakness with an attack on $24,000.
Trading suite Decentrader also argued that stronger signals were needed before going long BTC.
“People kept longing Bitcoin as it dropped and now the Long/Short ratio is starting to come down price is starting to recover a bit,” it“Still very high at 1.8, would want to see more get unwound, before a rally can really get going.”U.S. stocks continued to recover ground lost the week prior at the time of writing, with the S&P 500 and Nasdaq Composite Index up 1% and 1.2%, respectively.The U.S.
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