Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K
Bitcoin is geared for further price downside as traders expect support retests and James Wynn opens a new short BTC position.
Key points:
Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood.
Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run.
