Share this article

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.

Seemingly bearish market indicators are seen by analysts as reasons for optimism. (Creative Commons)
Seemingly bearish market indicators are seen by analysts as reasons for optimism. (Creative Commons)