3 key metrics to watch as Bitcoin price tries to top $20,000
Afraid Bitcoin price might crash? These three key metrics help traders spot bullish and bearish sentiment in the crypto market. Go to Source Powered by WPeMatico
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Afraid Bitcoin price might crash? These three key metrics help traders spot bullish and bearish sentiment in the crypto market. Go to Source Powered by WPeMatico
While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin … Read more
Wild volatility ensues as Bitcoin attempts to crack $20,000 and futures challenge their own record highs. Go to Source Powered by WPeMatico
Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800. Go to Source Powered by WPeMatico
Bitcoin recovers above $18,500 over the weekend, but the giant BTC futures gap that has now emerged may trigger yet another pullback. Go to Source Powered by WPeMatico
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month after month as incoming interest has created more demand for CME’s bitcoin … Read more
$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility. Go to Source Powered by WPeMatico
Data shows Bitcoin has a pattern of sharply correcting after the open interest on BTC futures tops $1 billion. Go to Source Powered by WPeMatico
Bitcoin derivatives trading is on the rise as institutional investors flood the market. Go to Source Powered by WPeMatico
Bitcoin price fell short of reaching $20,000, but record high open interest on BTC futures shows pros are still bullish. Go to Source Powered by WPeMatico