This crucial bitcoin group is an unexpected source of rising futures trading volume

When the Cboe Global Markets Inc., and the CME Grop Inc., separately launched bitcoin futures within weeks of each other in December, advocates of digital currencies had hoped it would lead to a surge in interest. However, early volumes were light, as investors, especially among big institutions, …
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Bitcoin Price Analysis: Bear Markets Test Crucial Support Levels (bitcoinmagazine.com)

This morning marked another bearish day in the crypto-space as the entire market cap continued its multi-week-long decline. As referenced in a previous BTC-USD price analysis, we have continued to test the neckline of a massive, multi-week-long Head-and-Shoulders reversal pattern. At the time of this article, the market is making its second test of the ascending trendline (marked in yellow).Figure 1: BTC-USD, 6-hr Candles, Gemini, Head-and-Shoulders PatternA breakdown of the ascending…

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