It’s a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K

3 key indicators signalled that Bitcoin’s rally to the $11K level was a dud.

3 key indicators signalled that Bitcoin’s rally to the $11K level was a dud.

Sub-$10K Bitcoin price caused $653M open interest drop, largest since March

Pro traders bullish sentiment softened after Bitcoin futures open interest fell in tandem with traditional markets which also recorded notable losses.

Pro traders bullish sentiment softened after Bitcoin futures open interest fell in tandem with traditional markets which also recorded notable losses.