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Bitcoin price descending channel and loss of momentum could turn $60K to resistance

After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.

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Key Bitcoin options ‘fear’ indicator reflects traders’ regulatory concerns

On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator.

Continue ReadingKey Bitcoin options ‘fear’ indicator reflects traders’ regulatory concerns