3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off
Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal. Go to Source Powered by WPeMatico
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Bitcoin now has a 7% chance of beating $20K highs in the next 2 months
Bitcoin odds are “repricing quickly,” says Skew as one analyst highlights the current price pump’s “organic” nature. Go to Source Powered by WPeMatico
US crypto derivatives merchants need to leave customer funds alone, says CFTC
The CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to “be very, very careful.” Go to Source Powered by WPeMatico
Pro traders added to shorts as Bitcoin price broke $12K — Data shows
Bitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K. Go to Source Powered by WPeMatico
Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included? Go to Source Powered by WPeMatico
Institutional Bitcoin longs at record-high, hedge funds short — CME data
CME data shows Institutions are long Bitcoin while hedge funds are aggressively shorting BTC. Go to Source Powered by WPeMatico
Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms. Go to Source Powered by WPeMatico
Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC
Bakkt recorded an all-time high Bitcoin delivery in October, demonstrating a clear spike in institutional demand for BTC. Go to Source Powered by WPeMatico
JPMorgan says Bitcoin slightly overvalued as a commodity
Referring to Bitcoin as a commodity seems to show a maturing view of the asset. Go to Source Powered by WPeMatico
Top traders go long after Bitcoin price rallies to key $11.5K resistance
The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price. Go to Source Powered by WPeMatico
