Bitcoin data points to rally to $120K after pro BTC traders abandon their bearish bets
Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US Inflation Data Shakes Crypto Market as Bitcoin Breaks Below $73K Support
The decline intensified selling pressure across the cryptocurrency market, with Ethereum, XRP, and Solana also posting substantial...
Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets
Bitcoin Magazine Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets Bitcoin price traded near $73,500...
Bitcoin Faces a Tougher Rate Outlook After US October Inflation Rises 0.4%
The latest US inflation report has given Bitcoin traders a fresh reason to watch the bond market rather than just the crypto chart...
Hyperscale Data (GPUS) Sells Its Last Bitcoin for AI Data Center, Months After Chasing $100 Million Treasury
Bitcoin Magazine Hyperscale Data (GPUS) Sells Its Last Bitcoin for AI Data Center, Months After Chasing $100 Million Treasury Hype...
Bitcoin Price Slips Below $74K as Options Traders Eye $72K and Liquidations Mount
Bitcoin derivatives markets are flashing signs of renewed stress on Tuesday, Nov. 10, 2026, as bitcoin trades at $73,703 per coin,...
AVAX NYSE Deal Sparks 10% Rally: Avalanche Wins Tokenized Stock Role
Avalanche (AVAX) climbed on Tuesday after the New York Stock Exchange (NYSE) selected its blockchain technology to power settlemen...