Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start
Technical Analysis
Bitcoin bulls eye fresh positions after BTC price drops under $71K. Selling pressure pushed BTC below $71,000, but early bullish positioning in BTC derivatives suggests potential buyer interest. This could mark a strategic shift, indicating a possible bounce back. Investors should watch for sustained buyer interest and derivative market trends. What happens next will be crucial for the broader crypto market.
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