Bitcoin Consolidation Tests Institutional Resilience
Bitcoin (BTC) has struggled to rally above $98,000 from November 25 to December 2, despite achieving a 38% monthly gain. This consolidation below the $100,000 psychological barrier has raised concerns among market participants that it may embolden bearish strategies. However, derivatives markets suggest resilience, with traders paying a 17% annualized premium for leveraged positions compared … Read more