First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/AHvslUkNxO8/
Crypto New Media Press
Bitcoin’s bullish case fails to convince as its spot and derivative metrics show a divergence. The cryptocurrency is trending either flat or downwards in the short-term, but its futures’ cumulative long positions and open interest are rising. A prominent trader sees the indicators as signs of an imminent price correction. Bitcoin has corrected by more […]
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