Bitcoin Price Move Past $6.5K Would Boost Upside Potential
Bitcoin’s corrective rally could gather steam above the key descending trendline hurdle of $6,480.
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Open Interest in Bitcoin Futures Hits Yearly High of $12B
A Taipei-based trader at Quantrend Technology, a large market maker on Binance, told CoinDesk in a note that bitcoin has hit the highest level since the collapse of Luna last year, which is also a positive psychological indicator that market sentiment is optimistic.