๐Bitcoin's pro traders are feeling a bit blue, with their morale hitting a two-week low. ๐ Seems like they're not too keen on opening bullish leverage positions, even as Bitcoin's price took a dip. Some folks are wondering if we've peaked already, but DCinvestor says, "Hold your horses, 25% price corrections are just part of the game!" ๐ข
Meanwhile, the S&P 500 is partying with a new all-time high, making Bitcoin look like a wallflower. Gold is also strutting its stuff, trading just 3% below its all-time high. ๐ฐ
With the Fed likely to cut interest rates, and the German government and Mt. Gox potentially flooding the market with Bitcoin, it's no surprise traders are a bit jittery. But hey, who knows what could spark Bitcoin's bullish momentum again? ๐
Got any thoughts on this? Let's chat in the comments! ๐