3 Bitcoin price indicators prove pro traders are still bullish on BTC

This week’s $11,000 drop occurred in just 32 hours and this definitely an important milestone for (BTC) price.

Many mainstream media outlets perceived the correction as the start of a new bear market but data simply does not support this line of thinking.

BTC futures daily volume, in USD. Source: coinalyze.net
BTC spot exchanges daily volume, in USD. Source: Messari Screener
Grayscale Bitcoin Trust premium. Source: TradingView
BTC perpetual futures funding rates. Source: NYDIG Digital Assets Data
BTC options 30% to 20% skew. Source: genesisvolatility.io