Bitcoin bulls target prices above $58K ahead of Friday’s $820M options expiry
$820 million in BTC options expire on Oct. 15, and data signals that bulls are set to celebrate another positive week.
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$820 million in BTC options expire on Oct. 15, and data signals that bulls are set to celebrate another positive week.
ETH price is lagging behind BTC's recent gains, but data signals that traders are confident in the altcoin breaking through $4,000 in the short-term.
BTC price rejected near $58,000 but derivatives data shows traders positioned in a neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021.
BTC's futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet.
AMF once again advised investors to only invest in crypto through authorized services listed on official websites.
$700 million in BTC options expire on Friday, and derivatives data signals that bears are positioned to profit from a sub-$45,000 Bitcoin price.
Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry.
Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip.
DeFi farmers are claiming to have made hundreds of thousands of dollars by gaming dYdX ‘s recent airdrop.