Big Downside Bets Are Building On $BTC – But One Spark Could Flip the Whole Game
It's also true that $BTC is struggling across $110
Right now, a lot of traders are placing heavy bets that Bitcoin will go down.
The short interest is growing fast. In fact, if Bitcoin moves just 10% higher from here, nearly $9 billion in short positions could be wiped out.
So why are so many people betting against the market? Two main reasons:
1. Slow Season – Quarter 3 is usually quiet. Many times in the past, July to September hasn’t seen big moves. Traders expect the same again.
2. No Rate Cut in July – Hopes were high for an interest rate cut, but it now seems unlikely. That has lowered excitement in both crypto and traditional markets.
But here’s the twist — this setup could quickly flip. All it takes is one positive trigger.
