Readings from the daily chart show that Bitcoin (BTC) has been stuck in a narrow trading range since August 29. It faces stiff resistance at $111,961 while holding support at $107,557. Despite this muted performance, some BTC traders remain unfazed, steadily increasing their exposure to the king coin. Bitcoin Futures Traders Double Down as Price Stalls Bitcoin’s climbing Estimated Leverage Ratio (ELR) across crypto exchanges reflects the growing investor confidence and an increased appetite for risk, even amid the coin’s lackluster performance
source: https://beincrypto.com/btc-price-stalls-futures-traders-show-confidence/