BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments.
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BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments.
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A combination of multiple support levels, including a 21-month exponential moving average, helped ETH price rebound by nearly 30% from its local bottom.
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The number of Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000.
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BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.
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The only glitch in the bullish setup, for now, remains the Federal Reserve’s taper acceleration plans.
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The bearish setup appears amid growing divergence between the Ether price and momentum.
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The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
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Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story.
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