Recently, a Polish trade, Rafał Zaorski, has again caused much controversy on the X (Twitter) social media platform. Zaorski believes that Bitcoin’s (BTC) recent price movements are most likely not the beginning of a bull market. Hence, the investor expects further declines in the coming months.
A few years ago, Rafał Zaorski became known as the “leading speculator” in Poland. How did he achieve this? He openly showed how he was earning millions on the financial market. In the Polish trading community, he has both loyal supporters and critics.
Rafał Zaorski Short on Bitcoin
When Rafał Zaorski, considered one of the most influential Polish traders in the cryptocurrency market, published his comment on Bitcoin on the X platform, the Polish crypto community became very active. Over the last few days, the eyes of digital asset enthusiasts have been mainly focused on the Bitcoin spot ETF. Many market observers strongly believe that the recent increase to $35,000 is due to a positive spot ETF decision.
Rafał Zaorski, however, has a different opinion in this regard and opens a short position. Therefore, a Polish stock trader assumes that the price of Bitcoin will fall. Moreover, he believes that it will happen quite soon. He suggests this will happen in the near future and intends to evaluate his decision in more than two months.
Read more: How to Short Bitcoin: A Step-by-Step Guide
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Author: Harsh Notariya
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