Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts.
Auto Added by WPeMatico
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts.
More volatility expected as Bitcoin market sentiment dives to its lowest in almost seven months.
There will be a breakout up or down within weeks, consensus believes, with targets between $40,000 and $60,000.
Bitcoin rises above $48,500 in a show of strength as over $6 billion of options expires.
The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin.
With the odds of a squeeze still high and ample liquidity below recent lows, traders are betting on volatility as 2021 ends.
There’s little to smile about when it comes to institutional participation in Bitcoin at the end of the year, data shows.
Short-term profit opportunities are there, but so are concerns over a "panic" sell-off still absent from BTC price charts.
Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows.
A Christmas party for stocks masks "a massive amount of weakness," one commentator warns, as Bitcoin sentiment votes with its feet.