Bitcoin 15% futures basis 'insane' as BTC price sees record daily close

Bitcoin leveraged bets are off the table after repeated washouts, but BTC price action is seen beating all-time highs within days.

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Bitcoin (BTC) saw its highest daily close in history on Dec. 11 as six-figure BTC price action came back with a bang.

BTC/USD 1-day chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD sealing its latest daily candle at around $101,200.

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