CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report
Traders wound up their long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals. Go to Source Powered by WPeMatico
Bitcoin Analysis
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Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market
The flagship cryptocurrency has closed October in profits seven out of nine times since 2013, raising hopes that it would be able to log a fractal bull run in the next 31 days. Go to Source Powered by WPeMatico
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story. Go to Source Powered by WPeMatico
Bitcoin technicals: Incoming ‘golden cross’ presents potential bottom for BTC price
However, some crucial Bitcoin price levels must be broken before the bullish party can start. Go to Source Powered by WPeMatico
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year. Go to Source Powered by WPeMatico
Is Ethereum’s rally signaling the next bull market phase for Bitcoin above $50K?
Ethereum showing strength while Bitcoin is consolidating in a range beneath $50,000. Go to Source Powered by WPeMatico
Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K
Bitcoin addresses holding 1,000 to 10,000 BTC have resumed accumulating coins. Go to Source Powered by WPeMatico
Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data
Bitcoin bulls remain pressured under $50,000 in the week that would shed more light on the Federal Reserve’s taper outlook based on non-farm payroll numbers. Go to Source Powered by WPeMatico
Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The relative strength index is making lower highs while correcting from its overbought area. Go to Source Powered by WPeMatico
Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K?
The indicators, coupled with a strong bid momentum versus the offers, suggest that the Bitcoin price could push above $50,000 in the coming sessions. Go to Source Powered by WPeMatico
