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Bitcoin Futures Premium Reveals That Organizations are Bullish on BTC

Bitcoin Futures Premium Reveals That Organizations are Bullish on BTC

Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency.This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at the present moment.This comes as…
This Distinct Viewpoint on Bitcoin Charting Makes Bull Breakout Clear As Day

This Distinct Viewpoint on Bitcoin Charting Makes Bull Breakout Clear As Day

Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market.Better yet, the price action also shows a retest of downtrend resistance turned support, which could act as a launchpad for the cryptocurrency.Understanding Technical Analysis, Trend Lines, Subjectivity, and…
Offer Setup Perfected With Chainlink’s Newest Pump To A Brand-new Record High

Offer Setup Perfected With Chainlink’s Newest Pump To A Brand-new Record High

Although Bitcoin still can’t break above $10,000, nor can Ethereum overtake $250, Chainlink continues to set new record high after high. Even today, the crypto asset keeps raising the stakes on its all-time high.But as new highs are set, the price action has not only triggered but perfected a sell setup on monthly timeframes. Could…
XRP is Beginning to Program Indications of Life as Experts Projection a Breakout Rally

XRP is Beginning to Program Indications of Life as Experts Projection a Breakout Rally

It’s no secret that XRP has been one of the worst-performing major altcoins within the crypto market.It has faced intense losses in recent months and years, with its investor base being unable to catalyze any significant rebound.This has caused it to lag behind all its peers, significantly underperforming both Bitcoin and nearly all other major…
Altcoins Enhanced by Bitcoin Supremacy Being Up To 10- Week Low

Altcoins Enhanced by Bitcoin Supremacy Being Up To 10- Week Low

Bitcoin dominance has been caught in a descending channel since May when it reached 69%. At present, BTC represents 64.9% of the total cryptocurrency market cap, a 10-week low.Bitcoin dominance year to date. (Source: tradingview.com)The end of last month saw the start of a sharp down leg, which has had the effect of sparking life…