# Dollar’s sharp recovery puts Bitcoin’s K breakout prospects at risk

# Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk

” Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk “ Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar. US dollar strength reemerges Notably, the U.S. Dollar Index (DXY), which tracks the greenback’s performance against a basket…

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# Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record .5B high

# Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high

” Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high “ Crypto traders’ urge to create leverage positions with Bitcoin (BTC) appears irresistible to many people, but it’s impossible to know if these traders are extreme risk-takers or savvy market-makers hedging their positions. The need to maintain hedges holds even…

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# Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

# Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

” Derivatives data highlights crypto traders’ positive sentiment and belief in further upside “ The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel’s upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more…

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# Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

# Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

” Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally “ Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on…

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