Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.
Bitcoin faces a potential short-term drop to $59,000 due to decreasing liquidity. Trading firm Wintermute projects a Tuesday range of $61,242 to $63,563. The cryptocurrency market also observes rising token correlation and a lack of new ETF bids, indicating a cautious outlook.
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