Bitcoin price ‘trending back’ but new highs before July unlikely: Analysis
Bitcoin’s open interest divergence and a cleansing of latecomer longs could set BTC price on track toward fresh all-time highs.
Key takeaways:
Bitcoin price trades 6% below all-time highs, but several market signals suggest more upside ahead.
Bitcoin is poised for a breakout to all-time highs if a key resistance level at $108,000 is broken.