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BITCOIN PRINTS CRITICAL GOLDEN CROSS AS FUTURES OPEN INTEREST HITS RECORD HIGH

Bitcoin experiences a Golden Cross for the first time since February 2020. The bullish indicator surfaced as open interest for CME Bitcoin Futures hit a record high. Nevertheless, the cryptocurrency continues to hover below $10,000, while eyeing a price breakout. On Wednesday, Bitcoin printed what is known in technical analysis Read more…

By Cyber Flows, 5 years20/05/2020 ago

Cryptocurrency

Open Interest in Bitcoin Futures Nearly Doubles

Open interest in Bitcoin futures has nearly doubled in past the two weeks. Open interest is not necessarily a predictor of price. Technical analyst Tom McClellan posted a chart reflecting the trend. The open interest in Bitcoin futures has almost doubled in the past two weeks, jumping from just under 6,000 open contracts to nearly Read more…

By Cyber Flows, 5 years18/05/2020 ago

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