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Bitcoin derivatives data questions the strength of BTC’s $115K support

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5 months ago 5 months ago

Bitcoin derivatives data questions the strength of BTC’s $115K support


Marcel Pechman
by Marcel Pechman 5 months ago5 months ago
Bitcoin derivatives data questions the strength of BTC’s 5K support


Bitcoin traders turn cautious as BTC trades near a critical support level, but outright panic is absent in derivatives markets.

Key takeaways:

Bitcoin options and futures data suggest traders are neutral despite a 7% drop from the peak.

Stablecoin demand in China remains steady, showing marginal fear in crypto markets.

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