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Traders Bullish on Bitcoin Despite Bearish Outlook

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Last weekend, Bitcoin dipped below the $6,000 price mark, tying a February low, but according to trading activity from the fourth largest cryptocurrency exchange, Bitfinex, investors are taking on bullish positions despite a bearish outlook. Bitcoin prices have largely fallen from their $20,000 price mark reached in December 2017 and are down about 60% year-to-date. [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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