147 days have passed since Bitcoin (BTC) closed above $25,000, and the result is that investors are less sure that the $20,000 support will hold. According to CNBC, this is not the first time that Europe has expressed its concerns, citing international trade rules and “discriminatory” policies. Bitcoin 3-month futures annualized premium. The chart above shows that derivatives traders have been neutral to bearish for the past week as the Bitcoin futures premium remained below 2.5% the entire time. In a nutshell, pro traders have been holding bullish positions using stablecoin margin lending. Source - Coin Telegraph