🚀 Bitcoin rallied 6.5% from the December 23 low of $92,458 but failed to break the $98,000 resistance.
- BTC futures maintain a neutral-bullish bias, suggesting a sustained recovery above $105,000.
- February futures carry a 12% premium to the spot market, indicating strong demand.
- BTC put options are offering a 2% discount to call options, reflecting stable market sentiment.
📈 The recovery in traditional financial markets also supports BTC, as the S&P 500 erased its December losses.
- BTC long-short ratio at OKX is 25x, indicating strong bullish momentum.
- Despite record outflows from BlackRock’s IBIT, BTC remains confident of hitting $105,000.
💬 Where do you think BTC will go next? Share your thoughts!