On November 8, the price of Bitcoin on high volumes again dropped below $9,000, breaking the support level in the form of200 day MA.
</p>
BTC / USD, TradingView data
Against this background, the number of monthly futures traded on Bakkt has updated its historical maximum at around 1741 (over $ 15 million). This is 109% more than the previous day.
</p>According to Skew, over the past 24 hours positions on $ 109.1 million were liquidated on the BitMEX exchange.
We will remind, earlier the technical analyst explained why he considers probable a fall in the range of $ 8400- $ 8600.
Read this:
Bakkt trading volume up 260%
The daily trading volume of Bitcoin-based futures on the Bakkt platform amounted to almost $ 5 million
Bakkt Bitcoin Futures Trading Volume Up 700%
Bitkt futures record set on Bakkt platform
Bugatti Chiron set a new speed record at 490 km / h
Bitcoin rises above $ 8,500 amid expectations of dollar depreciation