Bitcoin drops below $54K, stocks sell-off after new Covid variant emerges
Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Go to Source Powered by WPeMatico
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Ethereum bulls likely to profit $130 million on ETH options despite two-week slump
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200. Go to Source Powered by WPeMatico
Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000. Go to Source Powered by WPeMatico
3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom
The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500. Go to Source Powered by WPeMatico
Here’s why bears hope to pin Bitcoin under $60K ahead of Friday’s $1.1B options expiry
Last week bulls had a $715 million advantage when Bitcoin price was above $68,000, but the current downturn gives bears a chance to turn the tables. Go to Source Powered by WPeMatico
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Bitcoin price is hitting resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January. Go to Source Powered by WPeMatico
Ascending channel pattern and Ethereum options data back traders’s $5K ETH target
ETH price dropped to $4,400 during Thursday’s correction, but data shows traders expect the altcoin to surpass $5,000 soon. Go to Source Powered by WPeMatico
Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry
Bitcoin’s surge to $69,000 took bears by surprise and cemented bulls expected $400 million profit at Friday’s $1.2 billion options expiry. Go to Source Powered by WPeMatico
How cautiously bullish Bitcoin traders use options to maintain BTC exposure
Here’s how traders use the risk reversal options strategy to maintain “safe” exposure to Bitcoin’s price action. Go to Source Powered by WPeMatico
BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten … Read more
