Bitcoin BTC CME Bitcoin

Given the weekend CME close, next 24 hours crucial to Bitcoin crossing $60,000

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ambcrypto.com

Bitcoin registered a strong recovery of 28 November with the price rising by 5%, after dropping down to a low of $53,500. However, bullish momentum hasn’t been monumental over the past few days, and recovery has been more conservative.Yet, fundamentally, there were strong developments on the derivatives side as one metric suggested a change last witnessed in 2019.Source: EcoinometricsAccording to data from Ecoinometrics, the smart money in CME Bitcoin futures indicated a net flat ratio between

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