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Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts - TradingView

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Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts - TradingView

Bitcoin's price could potentially rebound to $85,000 as the Chicago Mercantile Exchange (CME) reports a significant reduction in short positions taken by institutional investors, often referred to as "smart money." This shift in sentiment suggests a bullish outlook for Bitcoin in the near term, according to TradingView analysis.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts - TradingView | CoinInformer