Bitcoin price is down, but data signals that $30K and above is the path of least resistance
Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.
Auto Added by WPeMatico
Will $30K be a new springboard for Bitcoin bulls?
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests.
Bitcoin price rallies to $19K, but analyst says a $17.3K retest could happen next
Bitcoin price hit a year-to-date high near $19,000 as pro traders used leverage to propel the pump, but derivatives data hints at reasons for BTC price to retest $17,300.
2 key Ethereum price indicators point to traders opening long positions
Ether price is still at risk of falling below $1,000, but data points to traders opening fresh long positions.
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development?
3 key Ethereum derivatives metrics suggest $1,600 ETH support lacks strength
Data shows Ethereum options traders are less bearish than before, but lower gas fees and smart contract deposits give ETH bulls little hope.
Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale
On paper, EOS has great fundamentals, but derivatives markets suggest traders don’t feel the same about the altcoin’s price potential.