Bitcoin’s Rally to $12,000 Driven by Spot Buyers; Futures Remain Short-Biased

Bitcoin’s Rally to $12,000 Driven by Spot Buyers; Futures Remain Short-Biased

Bitcoin is currently approaching the critical $12,000 resistance level that analysts and investors have been closely watching throughout the past few days and weeks. Its rally up to this level has come about throughout the past 24-hours, without any significant catalyst. One interesting trend that has coincided with this upswing is a selloff amongst altcoins. […]


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