Analysts point to overleveraged traders after Bitcoin flash crashes to $43K
Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000. Go to Source Powered by WPeMatico
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Matrixport Launches ‘BTC-U Range Sniper’ — Returns Up to 200% for Accurate Predictions
The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders … Read more
Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches
$655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry. Go to Source Powered by WPeMatico
Pro traders are mildly skeptical about Bitcoin’s recent return to $50K
Bitcoin’s price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons. Go to Source Powered by WPeMatico
Bitcoin gains strength as Friday’s $600M BTC options expiry approaches
The Fed’s plan to taper a massive monthly economic stimulus pulled stocks down, but BTC ignored critical comments and looks strong heading into Friday’s options expiry. Go to Source Powered by WPeMatico
Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry
$675 million in BTC options expire this Friday and derivatives data suggests that bulls are favored to increase their control of the market. Go to Source Powered by WPeMatico
Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?” Go to Source Powered by WPeMatico
Bears scattered as Bitcoin hit $40K, but pro traders remain cautious
Bitcoin’s rally to $40,000 alleviated some of the bearish sentiment in the market, but data shows derivatives traders still walking on eggshells. Go to Source Powered by WPeMatico
Bitcoin traders watch $32K ahead of Friday’s $330M BTC options expiry
Bulls managed to find some momentum, but holding the $32,000 support level will determine who is the victor of Friday’s $330 million BTC options expiry. Go to Source Powered by WPeMatico
Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive. Go to Source Powered by WPeMatico
