Bitcoin price – Key Bitcoin price metric exhibits professional merchants are nervous about $19Okay BTC By Fintech Zoom

Bitcoin price – Key Bitcoin price metric exhibits professional merchants are nervous about $19Okay BTC By Fintech Zoom

Key <a href=Bitcoin price metric exhibits professional merchants are nervous about $19Okay BTC” id=”carouselImage” src=”https://d1-invdn-com.akamaized.web/content material/picb19d5a0fe75b88471a2e8897af6f60eb.jpg” type=”visibility:hidden”/>Key Bitcoin price metric exhibits professional merchants are nervous about $19Okay BTC

This week (BTC) price rallied to a brand new Three yr excessive at $18,965, main buyers to consider a brand new all-time excessive above $20,000 is on the playing cards.

Whereas these are thrilling occasions, knowledge does present that some skilled buyers really feel antsy concerning the price at these ranges and the absence of retail FOMO has some calling for a pointy pullback.

Bitcoin price (USD) at Bitstamp. Supply: TradingView
BTC 3-month futures contract premium, January 2020. Supply: Skew
BTC 3-month futures contract premium. Supply: Skew
Huobi BTC prime merchants long-to-short ratio. Supply: Huobi
Binance BTC prime merchants long-to-short ratio. Supply: Binance