“No, I am not bullish, just neutral. I’m not buying yet nor closing the shorts that are in profit, just the losing positions to derisk a bit. If the price goes back below the support zone, I will start adding shorts again,” Capo told CoinDesk. “the macro looks very bad, with a recession being likely, two big wars… and Binance could face big problems, that’s why I’m still big short BNB.”
Renowned Trader ‘il Capo Of Crypto’ Covers Bearish Altcoin Bets as Bitcoin (BTC) Marches On
