CoinVoice has recently learned that, according to Cointelegraph, several well-known traders have expressed their views on Bitcoin's recent trends. Trader TheKingfisher pointed out that there is a dense long position in the $95,700-$96,000 range, while a large number of short positions are concentrated in the $96,500-$97,000 range. These price levels may become price magnets, and significant volatility is expected. Analyst Michaël van de Poppe believes that as long as Bitcoin stays above $91,500-$92,000, it is still likely to set a new high. He also reminds that the cryptocurrency market often experiences corrections before Federal Reserve meetings, and it is expected to bottom out on Tuesday before moving up again. [Original link]