Bitcoin Traders Jump In as Prices Slip Below 88k Says Kraken
In the wake of recent market changes, Bitcoin traders are actively ‘buying the dip’, boosting the perpetual futures long-short ratio. According to Kraken’s Alexia Theodorou, this uptick indicates a renewed interest among investors despite the downturn in prices. The current trends in trading showcase the market’s resilience as traders believe potential gains lie ahead. With prices slipping below 88k, many are capitalizing on the downturn, anticipating an upward shift.