Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K?
The indicators, coupled with a strong bid momentum versus the offers, suggest that Bitcoin’s price could push above $50,000 in the coming sessions.
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The indicators, coupled with a strong bid momentum versus the offers, suggest that Bitcoin’s price could push above $50,000 in the coming sessions.
Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA.
“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger.
Bitcoin has lost the $50,000 level but derivatives data lays out a few good reasons why bulls might march on the resistance level ahead of Friday’s $2 billion BTC options…
Bitcoin correcting after a big announcement of Michael Saylor and facing crucial resistance at $51K.
MicroStrategy’s Bitcoin holdings are now worth more than $5.3 billion at the current BTC price.
Bitcoin is “back in bull market territory” but traders warn that a retest of underlying support levels is bound to occur soon.
GNO, WAX and IOST lead altcoins higher as Bitcoin’s rally to $50,000 signals that the bull market is back on track.
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%.
As Bitcoin garners more mainstream attention, crypto-centric startups are also scoring funding from VC firms to become crypto unicorns.