Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

Market Analysis
February 17, 2023 by secret
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[ad_1] Bitcoin (BTC) price rallied over 12% on Feb. 15, marking the highest daily close in more than six months. Curiously, the movement happened while gold reached a 40-day low at $1,826, indicating some potential shift in investors’ risk assessment for cryptocurrencies. A stronger-than-expected U.S. inflation report on Feb. 14 showed consumer prices rising 5.6%