$43K BTC flipping support? Not anytime soon, according to derivative metrics
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally.
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Manchester footballing rivalries commence in field of Web3
Following Manchester United's partnership with blockchain firm Tezos almost one month ago, Manchester City's foray in the space having partnered with crypto exchange OKX provides new competition in vie for…
2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K
The entire crypto market is green today, and derivatives metrics suggest that BTC's bullish reversal will flip $40,000 back to support.
2 key indicators cast doubt on the strength of the current crypto market recovery
BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders.
2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs.
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