BTC Derivatives Show Resilience Amidst Fluctuations, Eye $50K Target
1 year ago
18
Source: Adobe / czchampz Despite Bitcoin (BTC) trading below its 2023 high and struggling to stay above the $41,000 mark, derivatives data suggests traders remain optimistic, eyeing a $50,000 target and beyond. While a $127 million liquidation of leveraged long Bitcoin futures occurred on December 11, representing less than 1% of the total open interest, […]
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