[Bitcoin soars to new all-time high above $112K as traders liquidate shorts]
Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Bitcoin soars to new all-time high above $112K as traders liquidate shorts"></p><p>Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.</p>

Bitcoin soars to new all-time high above $112K as traders liquidate shorts

Market analysis shows that since November 21st, the daily RSI has remained below the 50 midline. Currently, observing the daily RSI, we see potential for it to break through the 50 midline.
Key points:
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Bullish signal: If the RSI successfully breaks through the 50 midline, this will be a worthwhile opportunity to long.
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Double resonance: At the current position, breaking through the 50 midline also inevitably means that the price will break through the daily-level descending moving average.
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Trend reversal: A double breakout signifies both a reversal in trading volume and a breakout in the trend, which, from a technical perspective, is extremely...

Shill| BTC Thread

Bybit has officially become a member of the International Finance Centre in Da Nang, marking a significant step in the effort to build Da Nang into a regional financial and fintech hub.

Bybit digital asset exchange officially joins the International Financial Center in Da Nang.

A quick overview of institutional and trader opinions on the market outlook.