Futures Friday in the New Year!

By Official Okex | Okex Announcements | 8 Jan 2021

Futures Friday

Bitcoin has made a V shaped reversal and is hitting a new high about 41,000 USD. OKEx Bitcoin market did experience a correction down to 36,000 USD but it quickly rebounded. This has been the second big correction this week. We have watched retail traders rushing to catch the surges and trying to sell before the short drops.

OKEx's data shows that the market sentiment has cooled down a little bit since the last two pullbacks but the continuing price surge shows Bitcoin enthusiasm still remains. To learn more about what's going on in Bitcoin futures read the whole article at the OKEx Academy.

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OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology. OKEx provides hundreds of token & futures trading pairs to help traders optimize their strategy. We are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Our BTC futures trade have nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry.