Trading On margin

Bitcoin braces for $ 50,000 showdown as futures traders turn ‘modestly bearish’ on BTC By Cointelegraph

Bitcoin braces for $ 50,000 showdown as futures traders turn ‘modestly bearish’ on BTC

(BTC) moved closer to $ 50,000 on August 22, as concerns about a bearish slowdown reappeared at the right time.

1 hour candle chart (Bitstamp). Source: TradingView

Data Cointelegraph Markets Pro and TradingView showed BTC / USD to hit a high of $ 49,830 on Sunday Bitstamp – itself a three-month high.

Bitcoin Funding Rate Table. Source: Bybt
BTC / USD annotated chart. Source: John Wick / Twitter

Continue reading on Coin Telegraph

Disclaimer: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. Therefore, the prices may not be exact and may differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, charts and buy / sell signals contained on this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.

Comment here

placeholder="Your Comment">