Dogecoin

Bitcoin

Bull Market

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-price-decline-worries-investors" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Price Decline Worries Investors</a><br></p>
<p style="text-align: justify">Bitcoin’s price has plummeted by $20,000 from its peak, sparking widespread concern among investors about the possibility of further losses. Many believe the current downturn signifies the start of a bear market, driven by weakening <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">bull market</a> peaks with each cycle. But is this truly the case?</p>
<h2 id="is-the-crypto-bull-market-over">Is the Crypto Bull Market Over?</h2>
<p style="text-align: justify">Open positions in futures have notably declined. Dogecoin (DOGE) alone saw a drop from approximately $10 billion to around $2 billion in open positions within a month. This trend is mirrored across numerous altcoins and Bitcoin (BTC). On July 4, Bitcoin’s price dipped below $60,000, and investor sentiment hit a two-week low shortly thereafter, as indicated by the long-short metric. Market makers, whales, and professional investors remain cautious about high-leverage long positions.</p>
<p style="text-align: justify">On June 7, Bitcoin was trading at $72,000. However, the one-month change in futures positions has raised alarms among experts due to diminishing enthusiasm. According to DCinvestor, 25% corrections in Bitcoin prices from intra-cycle highs are typical and do not necessarily signal the end of a bull market.</p>
<h2 id="what-do-top-traders-expect">What Do Top Traders Expect?</h2>
<p style="text-align: justify">An important indicator tracks the intensity of long and short positions among top traders in futures. Traders on <a href="https://en.bitcoinhaber.net/binance-acquires-crucial-regulatory-approval-in-dubai" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> and OKX have significantly reduced their leveraged long positions, reaching their lowest levels in two weeks. The indicator fell from 1.8x long on July 2 to 1.2x over the past three days, suggesting that even professional investors may be wary of short-term bullish scenarios.</p>
<h2 id="user-usable-inferences">User-Usable Inferences</h2>
<p style="text-align: justify"><strong>Key Takeaways for Investors:</strong></p>
<ul>
 <li>Monitor the reduction in leveraged long positions as a signal of professional sentiment.</li>
 <li>Consider the typical 25% corrections in Bitcoin as part of normal market cycles.</li>
 <li>Stay updated on market trends and metrics, such as “buy Bitcoin” search trends.</li>
 <li>Compare Bitcoin performance with other assets like gold and tech stocks for broader market context.</li>
 <li>Remain cautious but prepared for potential market rebounds triggered by unforeseen events.</li>
</ul>
<p style="text-align: justify">The summer months, the failure to surpass the all-time high (ATH), uncertainties around MTGOX returns, and other factors contribute to the current cautious sentiment. However, a sudden upward breakout could surprise the market. Only time will reveal the triggers and whether ETFs and political factors will play significant roles in the crypto market’s <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">future trajectory</a>.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-price-decline-worries-investors" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Price Decline Worries Investors</a></h5>

Bitcoin Price Decline Worries Investors

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