On May 28, Greeks.Live analyst Adam posted on social media that “the community generally holds a bearish attitude, with most traders expecting a significant fall in Bitcoin, especially ahead of the upcoming Bitcoin conference (May 27-29). There is a clear divergence between bears anticipating a big dump and a bull who predicts that the SPX will reach 6650 by the end of July, while Bitcoin may first reach 120,000 before pulling back to 102,000.”
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Greeks.Live: Most traders expect Bitcoin to experience a significant fall.
On May 28, Greeks.Live analyst Adam posted on social media that “the community generally holds a bearish attitude, with most traders expecting a significant fall in Bitcoin, especially ahead of the upcoming Bitcoin conference (May 27-29). There is a clear divergence between bears anticipating a big dump and a bull who predicts that the SPX will reach 6650 by the end of July, while Bitcoin may first reach 120,000 before pulling back to 102,000.”