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Bitcoin Inches From $10,000, Futures Crossed on Summer Solstice

It’s the longest day of the year, and after one of the longest sideway for circa five weeks, bitcoin has moved up.


Bitcoin rose by just over 6% from $9,200 to $9,800 on unfiltered trading volumes of some $20 billion.


Everyone is now waiting to see if it will take $10,000, with few resistance levels thereafter.


Last time bitcoin reached this level on the way up was in November 2017, with bitcoin at that point briefly stopping at $11,000, then at about $14,000 where it faced some resistance, and then straight to $20,000.


CME bitcoin futures are already above $10,000 with the premium seemingly becoming bigger to now $200-$250. Likewise for OKEx and other futures on crypto exchanges.

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#BTC #Bullish

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