Bitcoin bulls set to defend $13K as $450M in BTC futures expire Friday
$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
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3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off
Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal. Go to Source Powered by WPeMatico
Pro traders added to shorts as Bitcoin price broke $12K — Data shows
Bitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K. Go to Source Powered by WPeMatico
Bitcoin price rally to $12K is meaningless until bulls flip it to support
Bitcoin price is near $12K again but this level may cause more harm than good if bulls fail to flip it to support. Go to Source Powered by WPeMatico
Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
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
Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms. Go to Source Powered by WPeMatico
Ascending channel Bitcoin price breakout possible despite OKEx scandal
Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders. Go to Source Powered by WPeMatico
Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume
Survey data show centralized exchanges are not worried about DeFi trading volumes, so why are they building their own DEXs? Go to Source Powered by WPeMatico
Multiple data points suggest Bitcoin’s 2017-style bull run has begun
Social sentiment data, strengthening fundamentals and on-chain analysis suggest Bitcoin is on the verge of a 2017-style bull run. Go to Source Powered by WPeMatico
Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume. Go to Source Powered by WPeMatico