Bitcoin has been clinging to the key $10,000 BTC price level all weekend as technical factors point to a short-term relief rally.
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Bitcoin has been clinging to the key $10,000 BTC price level all weekend as technical factors point to a short-term relief rally.
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The price of Bitcoin looks shaky and risks losing the $10,000 level before the weekend is through but here’s what could happen next.
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Bitcoin price still struggles to overcome the $12K hurdle but 3 key metrics show bulls are in control.
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Bitcoin barely reacted to today’s CME futures expiry, but is this a bullish or bearish signal?
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The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.”
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CME Bitcoin futures set a new open interest high at $841 million, further highlighting growing institutional interest in BTC.
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Several key derivatives indicators show investors are still strongly bullish on Bitcoin despite $1 billion in liquidations.
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A retest of $11,500 gives the impression that the bulls are not done when it comes to Bitcoin, which convincingly bounced off $11,000.
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Bitcoin has seen a surprise Saturday surge to a 12-month high as $15,000 becomes a real possibility in the near term.
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Bitcoin futures open interest is currently at an all-time high as traders expect more upside for BTC’s spot price.
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