It’s been a tough past week for the Bitcoin market. After rumors spread about Satoshi Nakamoto “selling” his BTC, the cryptocurrency saw a strong rejection in the $9,700-10,000 resistance band, plunging as low as $8,600 just the other day. This is a drop that has liquidated dozens of millions of dollars worth of Bitcoin wealth from traders and investors. Data from Bitcoin derivatives markets, however, shows that BTC is primed for a bounce. The same […]
