Friday, April 11, 2025
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Bitcoin Explodes as Rare Bull Signal Flashes For the First Time in 10 Months

Bitcoin was trending higher through the early European session on Thursday as a very rare bull signal flashed for the first time in 10 months.Dubbed as Ichimoku Cloud, the technical indicator turned green to identify a long-term upside trend shortly after bitcoin surged towards $9,769.70 on Wednesday. It also hinted at

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BitMEX Open Interest Hitting $1B Could Be Bullish for Bitcoin This Time

Experts believe bitcoin’s explosive price rally is about to hit an end as a trend-defining technical indicator screams ‘sell.’Bitcoin’s Open Interest (OI) is approaching $1 billion on BitMEX. Historically, whenever the total valuation of unsettled contracts touches the said valuation, bitcoin’s price in spot markets plunge. In September 2019, for

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