Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry
BTC staged a small relief rally, but securing $41,000 is the key to determining whether or not the current sell-off has ended. Go to Source Powered by WPeMatico
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Pro traders turn into bears after Ethereum price dropped to $3,200
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price. Go to Source Powered by WPeMatico
Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry
BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday’s options expiry. Go to Source Powered by WPeMatico
Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls. Go to Source Powered by WPeMatico
Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest
Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first. Go to Source Powered by WPeMatico
Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support
ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution. Go to Source Powered by WPeMatico
Terra’s Bitcoin purchase and BlackRock comments back ETH’s surge to $3.1K
Recent strength in Ethereum boosted investors’ morale and gave bulls the upper hand in Friday’s $2.4 billion options expiry. Go to Source Powered by WPeMatico
Here’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiry
Holding $42,000 will help determine whether BTC bulls bag a $175 million profit in March 25’s $3.34 billion options expiry. Go to Source Powered by WPeMatico
$43K BTC flipping support? Not anytime soon, according to derivative metrics
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally. Go to Source Powered by WPeMatico
Bitcoin bulls to defend $40K leading into Friday’s $760M options expiry
BTC price struggles to sustain $40,000, but Friday’s options expiry might give bulls the $160 million profit needed to keep the positive momentum. Go to Source Powered by WPeMatico