menu
techminis

A naukri.com initiative

google-web-stories
source image

Coin Telegraph

1w

read

226

img
dot

Image Credit: Coin Telegraph

Bitcoin futures pivot to long positions: Is $112K the next stop?

  • Bitcoin futures open interest has increased by 7% in the past 30 days, indicating a shift towards a bullish sentiment.
  • A market momentum indicator shows rising buy pressure on the long side for Bitcoin.
  • Traders are increasingly positioning for the upside with a surge in Bitcoin futures open interest, suggesting a potential breakout in the market.
  • Bitcoin may experience a dip towards $107,000 before potentially rallying above $112,000 this week.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app