Here’s why bears hope to pin Bitcoin under $60K ahead of Friday’s $1.1B options expiry
Last week, bulls had a $715 million advantage when Bitcoin price was above $68,000, but the current downturn gives bears a chance to turn the tables.
Auto Added by WPeMatico
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Bitcoin price is hitting resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January.
Ascending channel pattern and Ethereum options data back traders’ $5K ETH target
ETH price dropped to $4,400 during the Nov. 11 correction, but data shows traders expect the altcoin to surpass $5,000 soon.
Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry
Bitcoin’s surge to $69,000 took bears by surprise and cemented bulls expected $400 million profit at Friday’s $1.2 billion options expiry.
How cautiously bullish Bitcoin traders use options to maintain BTC exposure
Here’s how traders use the risk reversal options strategy to maintain “safe” exposure to Bitcoin’s price action.
BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack,…
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry
Bitcoin price dropped to $60,700 on Nov. 4 and bears are keen to pin the price under $62,000 to profit from Nov. 5’s options expiry.
Friday’s $540M Ethereum options expiry favors traders with targets at $5K
$540 million in ETH options expire on Friday and data shows bulls have a good chance at securing the $5,000 level.
Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up
Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic.
Bitcoin price descending channel and loss of momentum could turn $60K to resistance
After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.