Bitcoin sees ‘quite healthy’ consolidation on $200M BTC options expiry day
Everything is bullish except the price on Friday as $200 million in options expire and attention focuses on corporate quarterly disclosures. Go to Source Powered by WPeMatico
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Everything is bullish except the price on Friday as $200 million in options expire and attention focuses on corporate quarterly disclosures. Go to Source Powered by WPeMatico
Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant second-leg up will be happening this year and a recent survey published by Plan B with 123,410 votes shows people believe bitcoin will reach $100K … Read more
Comparisons to 2008 flow in as traditional finance receives a fresh blow from a firm “too big to fail.” Go to Source Powered by WPeMatico
$810 million in BTC options expire this Friday, and derivatives data suggests bulls are keen to push the price through the $50,000 level. Go to Source Powered by WPeMatico
While attention focuses on $100,000, few remember that BTC/USD has now been in five figures for over 365 days. Go to Source Powered by WPeMatico
Whales keep a $50,000 moonshot at bay so far, but seasoned HODLers are already in control of more of the BTC supply than at any time since October 2020. Go to Source Powered by WPeMatico
Bearish sellers seem to be trying to stop a rising tide as overall buy and HODL demand takes precedent this week. Go to Source Powered by WPeMatico
It’s a question of “if,” not “when” for Bitcoin to see a supply shock which squeeze price action upwards, one analyst forecasts. Go to Source Powered by WPeMatico
It’s not looking good for Bitcoin bulls, at least for today, as moving averages slip from view and $40,000 begins to loom large. Go to Source Powered by WPeMatico
BTC spot price action looks gloomy on Monday, but as traders, analysts and more note, there are practically no reasons to be bearish on Bitcoin. Go to Source Powered by WPeMatico