Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows

[Lenipiw]

Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12,400.
Bitcoin’s recent rejection at $12,400 triggered $234 million in futures contract liquidations across derivatives exchanges. Despite a 30% rally in the past 30 days, maintaining the $11,700 level as support is undecided.

Bitcoin (BTC) hasn't seen a lower low ever since the mid-March 50% shakedown, which caused the price to test the sub-$4,000 level.
Visit here: https://cointelegraph.com/news/pro-traders-unfazed-by-bitcoin-price-stalling-at-12-400-data-shows