Analyst: Bitcoins have fallen below $60,000, but institutions and high-net-worth investors are not continuing to bet on a decline
Svmuu News: Adam, a macro researcher at Greeks.live, posted on X: “Tomorrow is the quarterly settlement. Bitcoin has fallen below $60,000. As seen on the Gex chart, $60,000 is clearly the price level with the largest open interest, but at the same time, significant accumulation is beginning at $58,000 and $59,000 as well.Risk is building in the market, but institutions and large traders have not yet continued to bet on a decline; they are simply waiting for the settlement.”
Source:Odaily · Source Link
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