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Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K

3d ago
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Bitcoin is geared for further price downside as traders expect support retests and James Wynn opens a new short BTC position.

Key points:

Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood.

Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run.

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3d ago
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bearish:

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