Key metrics show this week’s $4B Bitcoin options expiry favors bulls
A record $4 billion worth of Bitcoin options expire on January 29 and multiple indicators suggest bulls have the upper hand. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
A record $4 billion worth of Bitcoin options expire on January 29 and multiple indicators suggest bulls have the upper hand. Go to Source Powered by WPeMatico
After correcting 15%, Bitcoin price dropped to $30,000 but derivatives indicators suggest pro traders are buying the dip. Go to Source Powered by WPeMatico
The multi-trillion-dollar asset manager mentions “Bitcoin” 25 times in its submissions with the SEC. Go to Source Powered by WPeMatico
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of … Read more
The open interest on Bitcoin options has hit $8.8 billion but data show bulls are in favor after BTC’s rally to a new all-time high. Go to Source Powered by WPeMatico
The cryptocurrency market saw over $500 million worth of positions liquidated in the last 24 hours as Bitcoin slid below $34,000. Go to Source Powered by WPeMatico
Bitcoin futures leverage is dropping steeply, indicating that traders are fearful or uncertain about the BTC price trend. Go to Source Powered by WPeMatico
Bitcoin price quickly rallied back to $40,000 but key derivatives indicators show traders are happily flirting with overbought levels. Go to Source Powered by WPeMatico
Last year was a volatile one for Bitcoin and other cryptocurrencies. Go to Source Powered by WPeMatico
Nearly $1 billion worth of Bitcoin futures contracts have been wiped out once again. Go to Source Powered by WPeMatico