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.
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The entire crypto market is green today, and derivatives metrics suggest that BTC's bullish reversal will flip $40,000 back to support.
Bitcoin and altcoins surprised investors with a sharp bullish breakout on Feb. 28, signaling a possible change in the short-term trend.
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number…
Crypto markets are expected to remain volatile for the foreseeable future, but BTC’s battle to reclaim $40,000 could be followed with rallies from LUNA, AVAX, ATOM and FTM.
The massive move upside had MIR form a golden cross
LIDO price made a double-digit move after the liquid staking platform added support for KSM and partnered with Apricot Finance to form a lending marketplace for SOL.
Crypto markets appeared to have temporarily shaken off recent volatility, with AMP once again leading the day’s bulls. Terra’s LUNA also surged, climbing by as much as 20% during Friday’s…
BTC is etching daily higher lows and altcoins are holding on to their recent gains, suggesting that a market bottom could be in place.
LUNA has outperformed almost every top-ranking cryptocurrency this week including Bitcoin despite the market turmoil.
BTC and altcoins flashed a few bullish signals today, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin.