Analysis: Although BTC has fallen recently, this is not a bearish bias for large investors.

Despite the recent downtrend, the cryptoslate analysis article doesn't mean the high-profile market is totally bearish against Bitcoin. BTC has fallen nearly 17% since reaching its highest level this year, but big investors don't seem to be concerned. There are many reasons why whales are so big and high value traders are not short term. First, market derivatives were already ahead of the downside. After rising 98% in the past three months, the market expects a 20% correction. Second, more data on the channel shows the current results are organic. So if Bitcoin rises further, there might be enough buyers to compete. Third, futures have traded over $ 1 billion worth of contracts, but many traders underestimated the decline. As a result, most people are able to defend their position or intentionally harm them and go on a bigger strike.