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Bitcoin at 77 thousand dollars this Thursday?
Traders set their sights on a new ATH above that mark. Do you know why?
📅 This Thursday a good number of future options on bitcoin expire, with a closing price set at USD 77 thousand. We are talking about more than USD 1.2 billion invested.
📈 Furthermore, during this Tuesday's rise, the technical pattern known as the golden cross was confirmed, in which the 50-day and 200-day moving averages "cross." That pattern reflects that short-term returns are outpacing long-term returns.
📊 The recent price rise, which took BTC to just 0.20% of its ATH, put more than 99% of holders in profit, according to data from CryptoQuant.
Do you see those 77K possible?
Published at
2024-10-30 16:03:03Event JSON
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"content": "https://image.nostr.build/f6ce60c4c336a2067b5907e39c391322a7c8d003deeb4628a899828e748c3400.jpg\nBitcoin at 77 thousand dollars this Thursday? \n \nTraders set their sights on a new ATH above that mark. Do you know why? \n\n📅 This Thursday a good number of future options on bitcoin expire, with a closing price set at USD 77 thousand. We are talking about more than USD 1.2 billion invested. \n\n📈 Furthermore, during this Tuesday's rise, the technical pattern known as the golden cross was confirmed, in which the 50-day and 200-day moving averages \"cross.\" That pattern reflects that short-term returns are outpacing long-term returns. \n\n📊 The recent price rise, which took BTC to just 0.20% of its ATH, put more than 99% of holders in profit, according to data from CryptoQuant. \n\nDo you see those 77K possible?",
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