Bitcoin's futures premium indicates that the bullish momentum is no longer present, so is BTC price at risk of a trend reversal?
Bitcoin (BTC) derivatives have flipped, suggesting that the bullish momentum seen over the past month is now gone, while Bitcoin's correlation to traditional markets has noticeably jumped .
BTC price experienced moderate volatility on the night of Jan. 14 as its price plunged to $41,690, paring 3% in the early hours of Jan. 15.
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