Bitcoin red alert moment

Looks like a short-term bear

Dear Reader, Red alert… Bitcoin is having some serious issues.  By the looks of it, things are about to get even worse. See… we're heading into September. Which, incidentally, is the worst-performing month for bitcoin.  The real problem is the battle between long-term and short-term investors.  Long-term investors have held Bitcoin for longer than 155 days.  Most of them are sitting pretty.  They're in the green and scooping up more BTC coins.  Short-term investors have held bitcoin for 155 days or less. They're worried.  Because according to industry data… Nearly 90% of short-term holders are in the red.  So they are selling like crazy.  Guess what this kind of mini sell-off is doing for bitcoin? Yup! Driving prices down.  Yet another reason for investors to consider safe trading.  Because plenty of opportunities are available in this market environment.  Almost daily, market events push certain coin prices higher.  Other events push prices of certain coins lower. That kind of volatility offers quick-hit trades. Cointelegraph Markets Pro allows crypto investors to know about these fast-moving trades in real time — before most investors have a clue.  Regards, Markets Pro Team © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.