Bitcoin's Comeback: Signs of a Bullish Shift

Bitcoin shows signs of a comeback, trading near eighty-seven thousand dollars, up two and a half percent from the weekend low. Seller momentum is easing, indicating a shift from aggressive selling to a more controlled de-risking phase. Spot buying is increasing, and put options are decreasing, suggesting a more optimistic outlook. Bitcoin needs to reclaim the eighty-seven thousand to eighty-eight thousand dollar range to continue its upward trend.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.