Bitcoin Hits Record High—So Why Are Traders Betting Against It?
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BTC just smashed its all-time high again—yet derivatives markets show traders piling into short positions. What gives?
Bearish bets surge as BTC rallies
Open interest in BTC futures contracts suggests a growing divide between spot price action and trader sentiment. Some see this as classic ’buy the rumor, sell the news’ behavior—others suspect institutional players hedging exposure while retail FOMO kicks in.
The irony? Wall Street does the same thing with blue chips—just with fancier PowerPoints and six-figure consultants.
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