Bitcoin: If there is one indicator that suggests this rally will fail, like the previous ones, it is this one.
Also, it is important to note that perpetual futures, not the spot market, have driven most of the bullish move since Tuesday.
The probability of Bitcoin falling towards $61,500 is high, either from $68,200 or $71,000.
The long squeeze would be a hit that the bulls could not withstand, due to the high leverage in the futures market.
