Market data from Skew shows investors in the (BTC) options market are cautiously bearish in the short term as of Sep. 8. The shift in sentiment comes after BTC’s abrupt 17% drop in seven days.
Bitcoin fell below the $10,000 support level for the fourth consecutive day. Some analysts say that the repeated test of the same level is a bearish sign. Others say that BTC is showing resilience at an important support area.
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