3 reasons why traders turned bullish after Bitcoin price surged to $10.7K ! – Site Title

3 reasons why traders turned bullish after Bitcoin price surged to $10.7K ! – Site Title: Funding rates are neutral or negative at most exchanges. Optimistic whale activity: The analysts said top buyers moving their funds have typically been a bullish catalyst for BTC. The dollar weakens : As the number of COVID-19 cases surges in the U.S., lawmakers are locked in a stalemate over the future of a much needed stimulus package and this is leading strategists to speculate on a weakening U.S. dollar.

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