
“Bitcoin Price Stuck in Range: Accumulation Trend Signals Caution for Incoming Crash”
The Bitcoin price surge and its implications The recent rally The Bitcoin price surged past $98,000 on Thursday in a rally attributed to leverage after open interest surged by 7.2% in 24 hours to $2.4 billion. This significant increase in open interest points towards growing investor interest in Bitcoin and cryptocurrency markets. Market sentiment Despite…