Bitcoin catches a bid, but data shows pro traders skeptical of rally above $92K - Source: CoinTelegraph

Key takeaways:

• -Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin.

• -Pro traders are incurring high costs to protect against Bitcoin price drops, while in China, stablecoins are being sold at a discount to exit the crypto market.

Story continues: https://cointelegraph.com/news/bitcoin-bulls-bid-range-lows-but-dollar92k-remains-resistance