MultiversX Tracker is Live!

Bitcoin data points to rally to $120K after pro BTC traders abandon their bearish bets

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 9 Views

Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.

Key takeaways:

Bitcoin derivatives show reduced demand for downside protection, suggesting renewed investor confidence.

US import tariff hikes on Japan and South Korea intensified recession fears, boosting Bitcoin’s appeal as a hedge.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments