Bitcoin price data suggests bulls will succeed in holding $30K as support this time
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support. Go to Source Powered by WPeMatico
News of regulatory enforcement against the crypto sector fell to the wayside as Bitcoin price rallied above $30,000, and options data suggests the trend will continue. Go to Source Powered by WPeMatico
Developers claim Synquote handled one single trade of over $1 million of notional volume with no detectable slippage in its beta period. Go to Source Powered by WPeMatico
Bitcoin price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable according to derivatives data. Go to Source Powered by WPeMatico
Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday’s expiry. Go to Source Powered by WPeMatico
Professional Bitcoin traders are favoring sideways price action as BTC futures premium drops and the options delta skew nears 0% Go to Source Powered by WPeMatico
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections. Go to Source Powered by WPeMatico
BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support gets retested. Go to Source Powered by WPeMatico
Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000. Go to Source Powered by WPeMatico
Ether options volume hints at bearish sentiment as the $1,850 support falters. Go to Source Powered by WPeMatico