Bitcoin Futures Hint At Low Selling Pressure and Price Reversal
Bitcoin’s (BTC) price remained steady over the weekend staying around $19,200 price levels for now. Investors have been largely confused as to where Bitcoin could be heading next. Some of the on-chain data indicators show that BTC could be in for a price surge to the north as per the Bitcoin futures market. Dan Lim, an analyst at CryptoQuant pointed out that Bitcoin is facing less selling pressure in the futures market. He wrote: The amount of Bitcoin sent from...