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Bitcoin bulls were obliterated, but is it time to catch the falling knife?

August 5, 2024 by DIGIT
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Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.

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Categories Call, crash, Deribit, Liquidation, longs, Markets, Optimism, Put, Shorts
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$88,941.00-3.37%
  • ethereumEthereum(ETH)$2,994.70-4.32%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-3.90%
  • binancecoinBNB(BNB)$876.29-2.44%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$131.16-6.73%
  • tronTRON(TRX)$0.2857490.89%
  • staked-etherLido Staked Ether(STETH)$2,995.15-4.22%
  • dogecoinDogecoin(DOGE)$0.137716-7.16%
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  • bitcoinBitcoin(BTC)$88,941.00-3.37%
  • ethereumEthereum(ETH)$2,994.70-4.32%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-3.90%
  • binancecoinBNB(BNB)$876.29-2.44%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$131.16-6.73%
  • tronTRON(TRX)$0.2857490.89%
  • staked-etherLido Staked Ether(STETH)$2,995.15-4.22%
  • dogecoinDogecoin(DOGE)$0.137716-7.16%