Bitcoin Futures listed on the Chicago Mercantile Exchange could form a Golden Cross in June 2020. The bullish pattern would confirm the growing presence of institutional investors in an emerging Bitcoin market. The derivative’s last Golden Cross had sent its contracts’ value up by 78.5 percent higher. As the Bitcoin spot price hovers below $10,000-$10,500 resistance range, its derivatives market is signaling a breakout scenario ahead. A potentially bullish technical indicator is forming on the […]
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