Impending pennant breakout sets Bitcoin price back on the path to $14,000
Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000. Go to Source Powered by WPeMatico
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Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000. Go to Source Powered by WPeMatico
$450 million in Bitcoin futures are set to expire on Friday and data shows bullish pro traders are prepared to defend $13K. Go to Source Powered by WPeMatico
The Chicago Mercantile Exchange (CME) just became the second-biggest Bitcoin futures exchange in open interest behind OKEx, buoyed by rising institutional demand. Go to Source Powered by WPeMatico
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included? Go to Source Powered by WPeMatico
CME data shows Institutions are long Bitcoin while hedge funds are aggressively shorting BTC. Go to Source Powered by WPeMatico
Although CME’s Bitcoin futures trading products do not deal in actual Bitcoin, they indirectly affect the open market price. Go to Source Powered by WPeMatico
Futures volume and open interest spiked at derivatives exchanges after Bitcoin price hit $11.7K, highlighting increasing participation from institutional investors. Go to Source Powered by WPeMatico
Bitcoin options open interest hits an all-time high as increased liquidity points to investors still being bullish on BTC. Go to Source Powered by WPeMatico
Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty. Go to Source Powered by WPeMatico
Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday. Go to Source Powered by WPeMatico