Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?
$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.
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$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold.
BTC price continues to trade in a wide range, providing an opportunity for options traders to use the Iron Condor strategy.
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower…
SNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol.
Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry.
An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon.
Mounting concerns about the state of the global economy and traders' risk-off sentiment continue to weigh on Bitcoin price.
The ETH futures premium turned bearish and the network's TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment?
Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal.