Bitcoin is attempting to break through an “inflection frontier” that has historically triggered runs to new macro highs. Key points: Bitcoin (BTC) may continue to new all-time highs if it successfully breaks through its …
Tag:
stands
- Blockchain Research
If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k
by adminby adminBitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 …
