RWA Bitfinex analysts attribute Bitcoin’s latest rally to spot market demand and short covering, noting that profit-taking now poses the biggest risk. The exchange warns that a pullback could occur if momentum stalls, as leveraged longs remain elevated.
Bitfinex analysts attribute Bitcoin’s latest rally to spot market demand and short covering, noting that profit-taking now poses the biggest risk. The exchange warns that a pullback could occur if momentum stalls, as leveraged longs remain elevated.