Pro traders buy the Bitcoin price dip while retail investors chase altcoins
Data shows pro traders are heavily accumulating the current dip in Bitcoin price while retail investors are occupied with trading altcoins. Go to Source Powered by WPeMatico
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Data shows pro traders are heavily accumulating the current dip in Bitcoin price while retail investors are occupied with trading altcoins. Go to Source Powered by WPeMatico
Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. Go to Source Powered by WPeMatico
Bitcoin options data shows pro traders are neutrally positioned despite BTC’s dip to $47,000 and the subsequent 15% recovery. Go to Source Powered by WPeMatico
Data shows pro traders are not buying the current Bitcoin dip as tomorrow’s $1.55 billion options expiry looms. Go to Source Powered by WPeMatico
$1.55 billion in Bitcoin options are set to expire on April 23 and the recent BTC crash to $51,000 has given bears a $340 million advantage. Go to Source Powered by WPeMatico
The open interest on bearish put options has risen to $2.52 billion as traders look for protection against a BTC price drop to the $40,000 to $50,000 range. Go to Source Powered by WPeMatico
Derivatives exchanges now offer $100,000 to $300,000 Bitcoin call options but how keen are pro traders to take the bait? Go to Source Powered by WPeMatico
A number of options traders are betting that bitcoin prices will tap $80,000 by May 2021. Meanwhile, over 100,000 bitcoin options worth more than $6 billion are set to expire on Friday, smashing the previous record expiry seen in January. $6 Billion in Bitcoin Options Set to Drop, April Bets Target $80,000 per Bitcoin Today … Read more
On-chain data points toward a bullish future for Bitcoin despite today’s sell-off to $50,400. Go to Source Powered by WPeMatico
BTC held the $50,000 support while derivatives indicators remained healthy, signaling investors’ optimism. Go to Source Powered by WPeMatico