The CoinDesk Bitcoin Trend Indicator BTI, which measures the directional momentum and strength in bitcoin’s price action, switched to “significant uptrend” as BTC strengthened its footing above the $30,000 level, Todd Groth, head of research at CoinDesk Indices, noted.
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- Source: https://www.coindesk.com/markets/2023/10/23/bitcoin-rises-above-31k-with-options-positioning-suggesting-price-has-further-to-run/?utm_medium=referral&utm_source=rss&utm_campaign=headlines