Retail Traders Are Heavily Shorting Bitcoin
Despite being just 4% below its all-time high, $BTC is seeing a surge in short interest from retail traders, and the funding rate has flipped negative.
Many are now predicting a crash — likely because a strong move upward would liquidate those short positions.
But history tells a different story.
When the majority takes one side of a trade, the market often moves in the opposite direction.
With that in mind, I’m increasingly confident that Bitcoin is gearing up for a new all-time high.
