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Bitcoin Apr 7, 2023 3yrs ago Cointelegraph

Bitcoin derivatives favor further BTC price rally toward $30K

Bitcoin’s price might have held near $28,000, but the absence of shorts using margin and futures markers is a bullish indicator.

38 /100

Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s price might have held near $28,000, but the absence of shorts using margin and futures markers is a bullish indicator.

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

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