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Bitcoin Futures Signal Bullish Momentum: Is $100,000 Next?
By: coindoo|2025/05/08 20:00:06
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His analysis, drawn from CryptoQuant’s Futures Position Dominance v2.0, suggests that bearish traders have largely surrendered, paving the way for a potential push toward the $100,000 mark.The chart highlights taker long buildup dominance (marked in green), which has surged throughout May 6–8. Despite a marginal cooldown in futures pressure, the sustained green momentum and aggressive long positioning indicate that bulls remain firmly in control.“It’s not so important now — the bears have already surrendered,” Adler commented, pointing to the recent shift in dominance.Key metrics show long build-ups outweighing short positions, with BTC price climbing past $99K.The presence of short covering and minimal new short build-ups supports the idea that upside pressure may continue unopposed — unless met with unexpected macro resistance or liquidation events.The post Bitcoin Futures Signal Bullish Momentum: Is $100,000 Next? appeared first on Coindoo.
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