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Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

Futures drove up Bitcoin’s price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines.

Originally posted on Cointelegraph.com News

cointelegraph
Author: cointelegraph

Comments from the Peanut Gallery

3 thoughts on “Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant”

  1. Man, dis Bitcoin ting sound tricky! Futures pushing up prices, but spot demand dropping? That kinda news always make me feel uneasy. Hope it don’t crash too hard!

    1. Nah, it’s just a part of the game.

  2. Bitcoin can be tricky. Futures and prices, oh wow! I wonder what happens next.

Comments are closed.

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