Next Bitcoin (BTC) Move: Derivatives Positions Leading To One Direction

In the midst of a volatile Bitcoin (BTC) trade pattern in recent times, the traders are awaiting next major move. While the cryptocurrency is down nearly 4% over the last week, Bitcoin is up around 3% in last 24 hours. This explains the extent of volatility associated with the top asset in current cycle. Very recently, BTC reached its three month low of $18,400.