Bitcoin tests key support as bulls reset to prepare for futures-led rally to $101.5K
Bitcoin is currently testing a crucial support level as market bulls aim to reset their positions in anticipation of a futures-led rally. Analysts suggest that if Bitcoin can maintain this support, it could pave the way for a significant price increase, potentially reaching $101.5K. The market sentiment is cautiously optimistic, with traders closely monitoring trading volumes and open interest in futures contracts. The outcome of this support test will be pivotal for Bitcoin's short-term trajectory.
Read the full article: Coin Telegraph