Traders Bullish on Bitcoin Despite Bearish Outlook
This article was originally published on ETFTrends.com.
Last weekend, Bitcoin dipped below the $6,000 price mark, tying a February low, but according to trading activity from the fourth largest cryptocurrency exchange, Bitfinex, investors are taking on bullish positions despite a bearish outlook. Bitcoin prices have largely fallen from their $20,000 price mark reached in December 2017 and are down about 60% year-to-date. [...]