3 reasons Bitcoin tumbled below $30,000 in a surprise overnight correction
Bitcoin’s fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitcoin’s fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever. 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
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
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
Bitcoin futures and options indicators remained stable during the 26.5% crash, a signal that the harshest part of the BTC correction may be over. Go to Source Powered by WPeMatico
Traders are freaking out about today’s 27% Bitcoin price drop but historical data show sharp corrections are natural even during bull markets. Go to Source Powered by WPeMatico
Bitcoin price rallied back to $35,000 but key indicators show top traders are proceeding with caution. Go to Source Powered by WPeMatico
Despite this week’s sharp Bitcoin price correction, BTC derivatives data and dip-buying bulls show the current rally remains intact. Go to Source Powered by WPeMatico
Crypto exchange Binance has announced the launch of “European-style” Bitcoin options contracts on its trading platform. Go to Source Powered by WPeMatico