$BTC You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bitcoin Update: Is the Bullish Bias Losing Steam?Yesterday 7:57 PM

Shortly after reaching its all-time high above the $110,000 level, Bitcoin has started to show a series of continuous bearish moves, accumulating three consecutive sessions of losses and a price drop of over 4%. This emerging bearish bias has remained steady, driven in part by profit-taking at highs and ongoing economic uncertainty.

Dynamics in the Bitcoin Market:

Bitcoin has seen strong buying interest in recent weeks, reflected in the “Open Interest – All Exchanges” indicator, which measures the total value of open positions. This indicator, along with the price, has reached new short-term highs, signaling elevated market activity that helped push the cryptocurrency beyond previous historical peaks.