BTC Rebound Faces Leverage Warning After 21-Month Low
Explore the provided link to ensure a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal Bitcoin found its footing after bulls took steps to reclaim the $60,000 level, but data casts doubt on whether it will flip back to support. Bitcoin (BTC) traded as high as $60,200 on Wednesday, up about 2.7% over the past 24 hours after falling to a 21-month low of $57,737 earlier in the session. Ether (ETH) and Solana (SOL) also gained, up 3% and 4.85%, respectively. The bounce took place amid deep investor caution, with sentiment trackers gauging the balance of fear and greed in crypto markets currently reading around 11 out of 100, in “Extreme Fear” territory. Despite the rebound from the yearly low, Bitcoin remains down roughly a third since the start of the year. Bitcoin dip-buyers overshadowed by fear of future selling Investors’ cautious stance shows up differently depending on what data is analyzed. US spot Bitcoin exchange-traded funds (ETFs...