Over the last few weeks, Bitcoin [BTC] has maintained a solid position over shorts. In fact, this strength was enough to send BTC to $24,000 and keep it above $20,000 for most of July.Things might have, however, taken a new turn.
CryptoQuant analyst Ghoddusifar believes that BTC’s price could decrease because of the selling antics of short-term investors.
Read more on ambcrypto.com