📣 Heads up, crypto fans! 📈 Bitcoin's in a risky spot, acco

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📣 Heads up, crypto fans! 📈 Bitcoin's in a risky spot, according to CryptoQuant's Gaah. Despite the halving event, BTC's price might dip due to pressure from leveraged traders. Here's the lowdown: - Bitcoin's open interest is mid-range, meaning investors are neutral about new positions. - However, the price is in a dicey area for leveraged traders. Any significant pressure could cause a price correction, sending BTC lower before a new high. 📉 - The market sentiment is euphoric, indicating extreme greed. This could lead to a major decline. BTC has been on a rollercoaster, dropping from a high of $73,700 in March to less than $62,000, then bouncing back to the $70,000 range. CryptoQuant suggests that high demand from large BTC investors could drive the post-halving rally. What do you think? Will BTC dip or soar? Share your thoughts below! 👇 #Bitcoin #CryptoNews #DeFi

📣 Heads up, crypto fans! 📈 Bitcoin's in a risky spot, according to CryptoQuant's Gaah. Despite the halving event, BTC's price might dip due to pressure from leveraged traders. Here's the lowdown:
- Bitcoin's open interest is mid-range, meaning investors are neutral about new positions. 
- However, the price is in a dicey area for leveraged traders. Any significant pressure could cause a price correction, sending BTC lower before a new high. 📉
- The market sentiment is euphoric, indicating extreme greed. This could lead to a major decline. 
BTC has been on a rollercoaster, dropping from a high of $73,700 in March to less than $62,000, then bouncing back to the $70,000 range. 
CryptoQuant suggests that high demand from large BTC investors could drive the post-halving rally. 
What do you think? Will BTC dip or soar? Share your thoughts below! 👇 #Bitcoin #CryptoNews #DeFi

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