Bitcoin derivatives data reflects traders’ belief that $20K will become support
Declining interest in margin shorts and a balanced risk perception in options markets highlight a possible path to $21,500 for BTC price.
Auto Added by WPeMatico
Declining interest in margin shorts and a balanced risk perception in options markets highlight a possible path to $21,500 for BTC price.
Bitcoin price dropped to $18,270, but derivatives traders didn’t flinch. Here is why.
BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery.
BTC and stocks sold-off after comments from the Federal Reserve re-emphasized the Fed’s commitment to lowering high inflation in the United States.
Should traders expect further downside after BTC failed to hold above $25,000?
Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies.
Data shows Ethereum options traders are less bearish than before, but lower gas fees and smart contract deposits give ETH bulls little hope.
High correlation to stock markets and recession risks limit optimism on the part of BTC investors.
Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH.
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price.