Next Bitcoin (BTC) Move: Derivatives Positions Leading To One Direction

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In the midst of a volatile Bitcoin (BTC) trade pattern in recent times, the traders are awaiting next major move. While the cryptocurrency is down nearly 4% over the last week, Bitcoin is up around 3% in last 24 hours. This explains the extent of volatility associated with the top asset in current cycle. Very recently, BTC reached its three month low of $18,400.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.