The sentiment for Bitcoin turned slightly bullish after a correction, with the cryptocurrency testing the $60,000 resistance. However, analyst Alan Santana, who is shorting Bitcoin, warns that the price chart shows a bearish trend. Santana has opened shorts at various levels and has set targets as low as $39,000. Other analysts have also shared bearish views, while some have a strong bullish bias for the long term. The market remains unpredictable and highly volatile, with opinions varying on the future direction of Bitcoin. Santana emphasizes the importance of leveraged trading for experienced investors and acknowledges the possibility of being wrong with his analysis.
Bitcoin Spot ETFs See The Biggest Inflow In Recent Times: Renowned CEO Talks About the Future of BTC