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Bitcoin was unable to retain any gains above $50K, and the price has subsequently tumbled towards $45K. The cryptocurrency is now trading at around $47K, but the upcoming Fed FOMC…
Long-term Technical Analysis: The Monthly Based on the monthly timeframe, the market is not showing any strength yet. Let’s examine the market structure using the trend lines and indicators shown…
Options Market Analysis Bitcoin price is now sub $49,000, about 27% below the ATH ($69k). Options traders set different hedging strategies during the previous weeks to protect against the market…
Choppy price action and indecisiveness – this is how we can summarize the past couple of days on the cryptocurrency market. In our last BTC price analysis, we examined if…
Options Market Analysis 25 Delta Skew and Volatility Analysis On December 4th, the bitcoin price dropped about $16k. Options traders have set different hedging strategies like buying lots of puts…
Bitcoin had seen its worst day since mid-May. Today’s high lies at $53.8K, whereas the low is below $42K. Keeping in mind Bitcoin is currently over 30% below the ATH…
Bitcoin’s price action continues to be shaky in the short term, but that might largely be attributed to headwinds caused by the newfound COVID variant. Despite the recent bearishness, the…
Global stocks continue struggling to retain gains as investors remain uncertain of the new Omicron COVID variant. So far, the SPX has seen rallies being sold, with intraday reversals and…
After a wild week of volatile price swings, BTC managed to hold the key support at $57.1K, closing the weekly candle at $57.3K. Bulls pushed the price higher, heading into…
Just as Bitcoin started showing early positive developments of recovery, fear of a new variant of COVID-19 sent global stocks sharply lower, causing the crypto market to decline. Although the…