Nearly 90% of all futures bets were bullish, or expecting higher prices over the weekend ahead of the U.S. elections on November 5. Market conditions in the past few weeks, including global monetary policies and U.S. political support, indicated a continued bullish trend, with some traders targeting $80,000 for BTC in the coming weeks.
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Shaurya Malwa
https://www.coindesk.com/markets/2024/11/01/bitcoin-price-drop-leads-to-250m-bullish-liquidations-crypto-sentiment-indicator-signals-top/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-01 07:15:05