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Benzinga
Benzinga
Business
Aniket Verma

Veteran Trader Warns Against 'Aggressive Long' Positions On Bitcoin, Equities Amid Market Volatility

Seasoned trader and analyst Jason Shapiro reflected on Thursday’s sharp pullback in Bitcoin (CRYPTO: BTC) and the stock market, warning against going “aggressively long” on risk-on assets until year-end.

What Happened: In a video posted on his official YouTube channel, Shapiro said, "I will say something that nobody wants to say and nobody wants to hear, which is, I don’t think from now at least until year-end is a great time to be aggressively long risk assets."

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