13 Billion Dollar Open Interest in Bitcoin Futures Reflects Professional Traders‘ Great Optimism
Bitcoin’s price quickly recovered to $40,000, but key derivative indicators show that traders are happily flirting with overbought levels. The Bitcoin price (BTC) recovered by 27% only three days after testing the 31,000 USD support and today the bulls recovered the 40,000 USD level. This rapid recovery occurred despite the fact that the digital asset […]