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
margin trade
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This key Bitcoin price indicator shows pro traders buying each dip
Derivatives data shows Bitcoin whales added to their leveraged positions after BTC price topped out at $42,600. Go to Source Powered by WPeMatico
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
