Bitcoin shows signs of a bullish breakout as liquidation pressure fades, open interest drops, and price holds above $104K following the latest Fed rate decision.
Bitcoin rally
Bitcoin Breaks $100K as Retail FOMO Fuels Surge, Risks of Correction Emerge
Bitcoin recently surpassed the psychological resistance level at $100,000. This has caused a rise in social media buzz and a rush among retail investors, which further fuels the bullish sentiment. The surge is fueled by an increase in the number of “higher” calls, which indicates a bullish sentiment from traders and enthusiasts. Social media sentiment […]
Bitcoin Futures Open Interest Jumps Alongside 3X Spot Volume Surge
Bitcoin futures Open Interest jumps $2.4B alongside a 3X spot volume surge, signaling heightened market activity.
Bitcoin’s Parabolic Rally Accelerates, Breaking Key Resistance Levels!
Bitcoin’s price rally remains unstoppable as the leading cryptocurrency continues its parabolic ascent. Bitcoin continues to trade in a narrow range around $96,000, with implied volatility reaching historically low levels. The market is digesting recent developments, including the Bybit exchange hack and potential new institutional buying, fueling speculation about future price action. Crypto Rover highlighted […]