Here’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiry
March 23, 2022
Crypto Nanobot
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Over the past two months, Bitcoin (BTC) has respected an ascending triangle formation, bouncing multiple times from its support and resistance lines. While this might sound like a positive, the price is still down 11% year-to-date. As a comparison, the Bloomberg Commodity Index (BCOM) gained 29% in the same period. Bitcoin/USD 1-day chart at FTX. […]