No $90K Bitcoin Yet as BTC Futures Interest Hits 8-Month Low

Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal

Bitcoin’s resilient basis rate and options data suggest limited downside despite ETF outflows, while BTC waits for a catalyst that can help it reclaim $90,000.

Bitcoin bulls worry that institutional interest is weakening amid softer demand for BTC futures. However, other metrics suggest that the BTC price could avoid falling below $85,000.

BTC futures open interest fell to $42B, an eighth-month low, signalling a leverage flush rather than bearish bets.

Bitcoin options pricing suggests stabilizing sentiment.

BTC futures open interest hits eight-month low
Bitcoin faced another rejection after briefly testing the $89,000 level on Friday. The move caught traders off guard, liquidating more than $260 million in leveraged BTC futures positions.


74% Profit made on #AT/USDT

We have small as well as huge type of traders in our Binance Futures Group.

It is very easy to grow your Binance Futures account by being part of our Community.

Make profit on Binance Futures by using our Signals and Cornix trading Bot.

Kindly join our FREE Binance Futures Group to get all the benefits as our existing members are already getting it.

Comments

Post a Comment

Popular posts from this blog

BTC Bulls at Risk as Trade Tariff Deadlines Loom

Visit this link to make money with bitcoin and other cryptocurrencies –  https://telegram.me/cryptosignalalert Visit –  https://play.google.com/store/apps/details?id=com.freecryptosignals.app An end to the “tariff sabre rattling” may see Bitcoin rallying to $120,000 this month, Swyftx lead analyst Pav Hundal tells Cointelegraph. The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns. “The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle of endless tariff ultimatums,” Swyftx lead analyst Pav Hundal told Cointelegraph. US policymakers waiting for “hard data” Hundal said there is a risk that US policymakers delay monetary easing until they get “hard data” on the impact of Trump’s tariffs, which would risk a “growth slowdown.”  By joining our Binance signal service, you can follo...
Read more

XRP Set for $3? Key Charts Point to June Surge

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/progrouptraders Multiple technical, onchain and derivatives market indicators suggest a potential XRP price rally toward the $3 milestone in the coming days. XRP onchain data and chart setups converge on the $3 target. Spot taker CVD has flipped positive, suggesting confidence among buyers. XRP/BTC hints at a potential 70% rally. XRP is flashing multiple technical and onchain signals, suggesting that a rally to $3 is possible this month. Here are several charts making the case for a near-term breakout. XRP falling wedge pattern targets $3.20 The weekly chart shows XRP price trading with a falling wedge pattern, with the price facing resistance from the pattern’s upper trendline at $2.43. A weekly close above this area will clear that path for XRP’s rise toward the wedge’s target at $3.20, representing...
Read more

Bitcoin Falls Below $109K on Renewed Trade Tensions

Image
Get Daily altcoins signals and trade with the professionals trading strategy –  https://telegram.me/binancefuturesignal The liquidations are up to over $450 million. After a month of calmness on the tariff front and even positive developments between the US and China, the POTUS is back with making threats against (former) partners – this time, solely the EU. Trump said the talks with the Union are leading to no meaningful results and proposed a straight 50% tariff starting from June 1. The US President believes the EU was formed for the “primary purpose of taking advantage of the United States” on the trade front, and its multiple barriers have made it difficult for everyday Americans. In fact, he claimed that the Union’s policies have led to a Trade Deficit with the US of more than $250,000,000 per year. His statement, which went live minutes ago, had a profound and immediate effect on the cryptocurrency markets, as did previous tariff-related announcements. Huge profits made from...
Read more