Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders.
In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action.
Update: High timeframes “remain bullish”
Despite losing $4,000 in a single day on Nov. 10 and trending sideways since, Bitcoin is anything but bearish, many analysts argue.
With short-term conditions punishing leveraged long traders but funding rates still high, however,…