Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control
BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs.
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BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs.
Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility.
The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears.
Declining interest in margin shorts and a balanced risk perception in options markets highlight a possible path to $21,500 for BTC price.
U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin.
Bears have controlled BTC price by forcing 111 daily closes below $25,000 and derivatives data shows a reversal of this trend is highly unlikely.
Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level.
Bitcoin price dropped to $18,270, but derivatives traders didn’t flinch. Here is why.
The outcome of the Ethereum Merge will be a primary price drive that dictates whether ETH bears profit from this week’s $490 million options expiry.
Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market.