Bitcoin (BTC) Price Tops $35K, Hitting 16-Month High; Options Positioning Suggests BTC Price Has Further to Run

Bitcoin (BTC) Price Tops $35K, Hitting 16-Month High; Options Positioning Suggests BTC Price Has Further to Run



The CoinDesk Bitcoin Trend Indicator BTI, which measures the directional momentum and strength in bitcoin’s price action, switched to “significant uptrend” as BTC strengthened its footing above the $30,000 level, Todd Groth, head of research at CoinDesk Indices, noted.



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