Bitcoin bulls aim to capture $45K leading into Friday’s $890M BTC options expiry
BTC price is retesting underlying support on March 3, but derivatives data hints that bulls may launch an assault on $45,000 as March 4’s options expiry approaches.
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BTC price is retesting underlying support on March 3, but derivatives data hints that bulls may launch an assault on $45,000 as March 4’s options expiry approaches.
Pro traders often use the risk reversal options strategy to hedge their bets and profit in the case of an unexpected rally.
ETH price is storming toward a key resistance level, but pro traders are reluctant to add leverage for three important reasons.
Recent strength in BTC and the recovery in equities markets are boosting investors’ confidence and giving bulls the upper hand in Friday’s $860 million options expiry.
Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur.
BTC price briefly flashed bullish, but derivatives data show bear are in control of January’s $2.3 billion monthly options expiry.
A key risk indicator for BTC options hit its highest level in six months, possibly signaling that $32,930 was the bottom.
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has…
Regulatory uncertainty and tighter monetary policies continue to weigh on BTC price, but data shows bulls are attempting to provoke a reversal.