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Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
Bitcoin (BTC) price lost 11.3% between Dec. 14 and Dec. 18 after briefly testing the $18,300 resistance. For example, on Dec. 20, Bitcoin miner Greenidge reached an agreement with its creditor to restructure $74 million worth of debt — although the deal requires the miner to sell nearly 50% of its equipment. Bitcoin 2-month futures annualized premium. Top traders unwilling to let go of their longs Still, investors should analyze the long-to-short ratio to exclude externalities that have solely impacted the quarterly contracts’ premium. Source: Cointelegraph #Bitcoin
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