Interest Surges in Bitcoin Speculation, But It Might Be Bearish – CoinDesk - Stock Invest Hub

Breaking

Wednesday, October 5, 2022

Interest Surges in Bitcoin Speculation, But It Might Be Bearish – CoinDesk

“This shows more positioning/engagement from investors,” said Florian Giovannacci, head of trading for Covario, a prime brokerage for digital assets. Giovannacci noted that this isn’t a sign of bullish or bearish positioning, though, and that bitcoin basis levels are a better indicator for that.



from Bitcoin – My Blog https://ift.tt/KBNEWyj
via IFTTT

No comments:

Post a Comment