The daily price chart for () seems to have a steady recovery pattern, but some worrying indicators are coming from the derivatives markets. Right now, the futures and options markets are showing a lack of confidence from professional Bitcoin traders, but the data has a positive spin.
Bitcoin price on Coinbase (NASDAQ:), in USD. Source: TradingView The path to $40,000 seems uncomfortably predictable, with crypto traders generally calling it “manipulation” when such price moves occur.
If you #bitcoin around that region, just be careful.A picture speaks a thousands words and I think mine says it all.Make it or break it time around the corner for #btc. This weekend is weekly close & monthly close as well so expect volatility and manipulation.#Crypto pic.twitter.com/kPhDKAjupQ
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