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Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

Is it time to be greedy? Experienced market makers and arbitrage desks have turned strongly risk-averse as BTC price dropped to $22,600.

Continue ReadingBitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry.

Continue ReadingBitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry