Upside Calling? Bearish Bets on Bitcoin Futures Hit Record Low
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The bearish sentiment in the bitcoin (BTC) futures market hit a record low last week, indicating that the worst of the leading cryptocurrency's price plunge just might be in the past.
Good article to read, I agree with it in that the worst of the selling should be over as long as there's no big negative news. The $6000 level has been holding for awhile now, and we're slowly rising in price. I think the next target to take out is the $6800 level, then $7000 should come rather quickly.
Read the full story here...
https://www.coindesk.com/upside-calling-bearish-bets-on-bitcoin-futures-hit-record-low/