[Analysis] "Bitcoin Recovers Bullish Sentiment in Futures Market"

Source
Uk Jin

Summary

  • Bitcoin showed strength, with optimistic sentiment observed in the futures market.
  • It was reported that the net market order volume on Binance turned positive, indicating an increase in buying pressure.
  • It was stated that Bitcoin might set a new all-time high in the short term.

Bitcoin (BTC) showed a bullish trend today, with optimistic sentiment observed in the futures market.

On the 22nd, a contributor from Darkpost CryptoQuant reported, "Investor sentiment towards Bitcoin deteriorated shortly after President Donald Trump took office without making any statements regarding virtual assets (cryptocurrencies). However, the buying pressure seems to have increased as Binance's net market order volume turned positive."

He added, "If this trend continues, Bitcoin may set a new all-time high in the short term."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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