TechFlow, May 20 — Matrixport released a chart analysis today stating, "Bitcoin is about to reach a new all-time high, but most cryptocurrency traders don't seem to be prepared. Implied volatility is at multi-year lows, and funding rates are only slightly positive—clear signs that retail leveraged trading has significantly decreased over recent months.
This Bitcoin bull run appears to be continuing without significant retail participation. Contrary to our initial expectation of price increases driven by global adoption, the current situation shows long-term investors accumulating and holding Bitcoin."
Add to Favorites
Share to Social Media
