Bitcoin metrics demand BTC price gains as analysis calls for ‘near-term caution’

Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand.

In its latest market update on Feb. 11, trading suite Decentrader voiced cautious optimism over BTC price action.

Derivatives turn complementary

After rallying above $45,500 on the back of United States economic data, BTC/USD has since dropped back into the range that has defined it this week.

For Decentrader, the chances of a low-timeframe decline are there,…


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