🚀 Bitcoin Breaks $61K, But Are Bulls Still Snoozing? 💤
Bitcoin (BTC) surged 6.4% in under 12 hours, smashing past $61,000 for the first time in weeks. 🎉 But hold your horses! Despite the rally, derivatives markets are giving us the cold shoulder, leaving Bitcoin bulls scratching their heads.
- BTC's price jump mirrored the S&P 500, which hit an all-time high thanks to upbeat US economic data.
- Futures premium stabilized at 6%, showing cautious investor sentiment.
- Options skew metric stands near 2%, indicating neutral sentiment.
Will BTC hold $61K or slip back to $58K? Share your thoughts below! 💬