Why a trader says Bitcoin is short-term bearish despite holding $30K
Bitcoin is short-term bearish, traders say, as the options market hints at consolidation. Go to Source Powered by WPeMatico
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Bitcoin price dips below $30K but here’s why pro traders are still bullish
Data show pro traders are still bullish even as Bitcoin price dips below $30,000 and Friday’s $4 billion BTC options expiry approaches. Go to Source Powered by WPeMatico
2 key metrics suggest Bitcoin price won’t be pinned below $33K for long
Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday’s $4.9 billion BTC futures expiry. Go to Source Powered by WPeMatico
Key metrics show this week’s $4B Bitcoin options expiry favors bulls
A record $4 billion worth of Bitcoin options expire on January 29 and multiple indicators suggest bulls have the upper hand. Go to Source Powered by WPeMatico
3 reasons Bitcoin tumbled below $30,000 in a surprise overnight correction
Bitcoin’s fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever. Go to Source Powered by WPeMatico
Pro traders buy the dip as bears push Bitcoin price to the edge of $30K
After correcting 15%, Bitcoin price dropped to $30,000 but derivatives indicators suggest pro traders are buying the dip. Go to Source Powered by WPeMatico
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of … Read more
Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks
The open interest on Bitcoin options has hit $8.8 billion but data show bulls are in favor after BTC’s rally to a new all-time high. Go to Source Powered by WPeMatico
$13B Bitcoin futures open interest reflects traders’ strong bullish optimism
Bitcoin price quickly rallied back to $40,000 but key derivatives indicators show traders are happily flirting with overbought levels. Go to Source Powered by WPeMatico
3 Bitcoin price indicators prove pro traders are still bullish on BTC
Bitcoin futures and options indicators remained stable during the 26.5% crash, a signal that the harshest part of the BTC correction may be over. Go to Source Powered by WPeMatico