#USNationalDebt
Bitcoin futures contracts shift to a bearish trend
As the coin struggles to gain momentum around the price level of $103,000, Bitcoin futures traders are increasingly betting against this coin.
According to Coinglass, the long/short ratio of the coin — an important measure of trader sentiment — has leaned heavily towards short since June 17, indicating a growing belief that the recent price surge of BTC may be losing steam. At the time of writing, this ratio is 0.95, suggesting that many traders are betting against this altcoin.
