Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees

Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees
фото показано с : cointelegraph.com

2022-7-8 22:00

BTC bulls think the bottom is in, but a neutral-to-bearish price formation and the absence of a futures premium contradict their optimism. origin »

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btc bottom absence formation price futures optimism

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Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom”

The price of Bitcoin has been bouncing this week, going from $31,000 on Tuesday to above $38,400 on Thursday. As of writing, BTC/USD is trading around $37,400. However, despite the jump, the price continues to be in the $30k-$40k range, and until either of the ends are breached, it is hard to pinpoint the direction […] The post Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom” first appeared on BitcoinExchangeGuide.

2021-6-11 16:25