3 Bitcoin Price Indicators Prove Professional Traders Remain Bullish On BTC By Cointelegraph

3 Bitcoin price indicators prove that professional traders remain bullish on BTC

This week’s $ 11,000 drop happened in just 32 hours and this is definitely a major milestone for the price (BTC). Many mainstream media outlets perceived the correction as the beginning of a new bear market, but the data simply does not support this line of thinking. Daily volume of BTC futures, in USD. Source: coinalyze.net Daily volume of BTC spot exchanges, in USD. Source: Messari ScreenerGrayscale Bitcoin Trust premium. Source: TradingViewBTC Perpetual Futures Funding Rates. Source: NYDIG Digital Assets DataBTC 30% to 20% Bias Options. Source: genesisvolatility.io Continue reading on Coin Telegraph

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