4 key indicators reflect extreme optimism from pro Bitcoin traders
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
Bookmarking Crypto Insights
Auto Added 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
$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
Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price. Go to Source Powered by WPeMatico
Bitcoin has been highly volatile in recent weeks, but the futures market’s open interest indicates that traders should brace themselves for a big move. Go to Source Powered by WPeMatico
Even though cryptocurrency traders have been exuberant over the price rise, a number of analysts are focused on the large bitcoin and ethereum options expiries set to end before Halloween. Data from Skew.com shows $750 million in Bitcoin options is set to expire and prices could get volatile. The price of bitcoin (BTC) touched an … Read more
The upcoming expiration of $750 million in Bitcoin options, which would occur on the last Friday of the month, coincides with other important dates. Go to Source Powered by WPeMatico
Bitcoin odds are “repricing quickly,” says Skew as one analyst highlights the current price pump’s “organic” nature. Go to Source Powered by WPeMatico
Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing an all-time high for bitcoin short contracts. On Tuesday, the price of bitcoin … Read more
Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones Industrial Average … Read more
After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious. Go to Source Powered by WPeMatico