Fear engulfs Bitcoin traders betting on free fall to $80,000
Bitcoin’s recent volatility has triggered a wave of concern among traders, with many now preparing for the possibility of a deeper correction. Growing uncertainty in global markets, profit-booking by large holders, and rising leverage positions have amplified fear across the crypto community. Analysts note that traders betting against Bitcoin are becoming more active, expecting its price to retreat further from recent highs. This shift in sentiment follows sharp swings seen over the past few days, which erased significant short-term gains and increased liquidation pressures. While some market watchers still believe Bitcoin’s long-term trend remains positive, the current environment is dominated by caution. Traders are closely evaluating technical levels, monitoring exchange inflows, and waiting for clearer signals before taking fresh positions. The mood remains tense as investors debate whether Bitcoin will stabilise or slide further toward the projected downside targets mentioned by bearish market participants.
The Key points
- Market fear rises as Bitcoin shows increased price volatility.
- Traders prepare for a potential deeper correction in coming sessions.
- Bearish positions grow, with some expecting a fall toward $80,000.
- Recent price swings triggered heavy liquidations across exchanges.
- Profit-taking by major holders adds selling pressure.
- Leverage levels remain high, increasing market instability.
- Analysts highlight uncertainty in global financial conditions.
- Traders rely on key support levels to gauge next moves.
- Exchange inflows suggest caution among short-term investors.
- Long-term sentiment stays positive, but short-term outlook is tense.
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