Bitcoin to $12K is possible as Goldman Sachs warns of another 26% crash in stocks.
that equities could crash by 26% if the Fed gets more aggressive with its rate increases to fight inflation.
Interestingly, the warnings coincide with a recent rise in Bitcoin short positions held by institutional investors, according to CME data highlighted in the Commodity Futures Trading Commission's weekly report."Definitely a sign that some people are counting on a risk asset meltdown this fall,"Bitcoin options expiring at the end of 2022 show most traders betting on the BTC price dropping all the wayOverall, the call-put open interest ratio was 1.90 on Sep.
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