Record $7.9B Bitcoin futures open interest shows bears are watching BTC price
Bitcoin price may have broken above $20,000 but the 40% decrease in volume shows bears are watching BTC closely. Go to Source Powered by WPeMatico
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Bitcoin price may have broken above $20,000 but the 40% decrease in volume shows bears are watching BTC closely. Go to Source Powered by WPeMatico
An assortment of Bitcoin futures and options indicators are signaling that investors view every BTC dip as a buying opportunity. Go to Source Powered by WPeMatico
$540 million in Bitcoin options open interest will expire on Friday and a $93 million imbalance shows bears are taking control. Go to Source Powered by WPeMatico
While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin … Read more
Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800. Go to Source Powered by WPeMatico
$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility. Go to Source Powered by WPeMatico
Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price. Go to Source Powered by WPeMatico
Bitcoin has been highly volatile in recent weeks, but the futures market’s open interest indicates that traders should brace themselves for a big move. Go to Source Powered by WPeMatico
Even though cryptocurrency traders have been exuberant over the price rise, a number of analysts are focused on the large bitcoin and ethereum options expiries set to end before Halloween. Data from Skew.com shows $750 million in Bitcoin options is set to expire and prices could get volatile. The price of bitcoin (BTC) touched an … Read more
The upcoming expiration of $750 million in Bitcoin options, which would occur on the last Friday of the month, coincides with other important dates. Go to Source Powered by WPeMatico