#Bitcoin Set to Reclaim $90,000 Amid Market Resilience


Despite recent selling pressure, $BTC derivatives market shows no signs of stress, supporting a potential price recovery toward $90,000 in the coming weeks.


🔹 Derivatives Signal Strength

Bitcoin’s basis rate, which measures the premium of futures contracts over spot prices, has rebounded from bearish levels. The current 5% annualized premium remains in neutral territory, indicating steady demand from leveraged buyers.


🔹 Correlation with Traditional Markets

Bitcoin’s price movement continues to align with the S&P 500, suggesting macroeconomic factors are influencing its short-term performance. However, with central banks expected to introduce stimulus measures, Bitcoin could benefit as a scarce asset.


🔹 Investor Sentiment Remains Strong

Professional traders are not actively hedging against a #BTC drop, and the margin long-to-short ratio at OKX stands at 18:1 in favor of long positions—similar to when Bitcoin traded above $100,000.


With no clear signs of bearish stress in derivatives or margin markets, Bitcoin appears poised to reclaim the $90,000 mark as macroeconomic conditions stabilize. 🚀


📊 Will #Bitcoin break above $90K soon, or is another correction coming? 🤔


#BTCD

#BTCReserve

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March 15, 2025 at 3:13 PM
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