Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data
BTC price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead. Go to Source Powered by WPeMatico
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Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
BTC margin markets and futures’ long-to-short indicator show professional traders unwilling to bet on Bitcoin’s price dropping. Go to Source Powered by WPeMatico
Bitcoin holds $30K, but some pro traders are skeptical about BTC price continuation
BTC traders are cautiously optimistic due to Bitcoin traditional assets, but there are still some macro headwinds to be aware of. Go to Source Powered by WPeMatico
Bitcoin derivatives favor further BTC price rally toward $30K
Bitcoin’s price might have held near $28,000 but the absence of shorts using margin and futures markers is a bullish indicator. Go to Source Powered by WPeMatico
Crypto market momentum stalls as traders await the results of recent regulatory actions
Crypto’s bullish momentum may stall at the $1.2 trillion total market cap resistance, but traders’ newfound caution has not translated to excessive demand for short positions. Go to Source Powered by WPeMatico
Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?
An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations. Go to Source Powered by WPeMatico
Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K
All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level. Go to Source Powered by WPeMatico
Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance
This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency. Go to Source Powered by WPeMatico
Canada bans crypto leverage and margin trading after FTX collapse
Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess. Go to Source Powered by WPeMatico
Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K
All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000. Go to Source Powered by WPeMatico
