Bitcoin Futures Positions Hit Record High, BTC Could Surge to $83K: Analysis
Bitcoin traders have set a new record for futures positions, with open interest surpassing $37.7 billion. This comes after spot bitcoin ETFs extended their net inflows streak to 18 days, also a record. 10x Research suggests that Bitcoin could surge to $83,000 if it moves above $72,000 to complete an inverted head-and-shoulders pattern. Health-care company Semler Scientific has announced that it is purchasing $17 million worth of BTC and preparing to raise $150 million so it can buy more.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Bitget listing LLYUSDT,MAUSDT,UNHUSDT STOCK Index perpetual futures
Announcement on Bitget listing CSCOUSDT, PEPUSDT, ACNUSDT STOCK Index perpetual futures
Stock Futures Rush: Trade popular stock futures and share $250,000 in equivalent TSLA tokenized shares. Each user can get up to $8,000 TSLA.
CandyBomb x RVV: Trade to share 25,800,000 RVV!
