The important Bitcoin price metric shows its first bullish signal in 4 months

The important Bitcoin price metric shows its first bullish signal in 4 months

((BTC) struggled to maintain support above $ 53,000 for the past three days while Ether (ETH) hit a new all-time high of $ 2,800. In the current scenario, some traders would prefer to wait Expiration of the CME futures on Friday Before long positions in BTC, the price tends to correct itself in the past before the event.

Ether and Bitcoin prices at Coinbase, USD. Source: TradingView

On the other hand, the price of ether was positively influenced by the European Investment Bank Start a “Digital Bond” sale over the network. The EIB is issuing a two-year digital bond worth € 100 million ($ 120.8 million) led by Goldman Sachs (NYSE :), Santander (MC 🙂 and Societe Generale (OTC :).

OKEx futures long-short ratio. Source: OKEx

Read on on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.

Fusion Media or any person involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

Comments are closed.