CoinGape
2021-01-15 02:06:33

Bitcoin displays strong technicals for new record high as futures open interest hit $13 billion

Bitcoin retests $40,000 after recovery almost 30% in two days. Bitcoin open interest increases 74% from the previous month, suggesting high investor optimism. Bitcoin has brushed shoulders with $40,000 again following the early week breakdown to $30,000. The pioneer cryptocurrency has presented a strong bullish front in the last couple of days by first, holding The post Bitcoin displays strong technicals for new record high as futures open interest hit $13 billion appeared first on Coingape.

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