3 reasons why Bitcoin traders keep a close eye on the futures funding rate
Analysts frequently correlate a high perpetual futures funding rate with market crashes, but is this the best way to analyze the metric? Go to Source Powered by WPeMatico
BTC Futures
Auto Added by WPeMatico
Key Bitcoin price metric shows pro traders increased their BTC longs
Data shows pro traders increased leveraged long positions even as the Bitcoin price traded in a tight range this week. Go to Source Powered by WPeMatico
Bullish uptrend intact as Bitcoin futures open interest hits $22.5B
Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue. Go to Source Powered by WPeMatico
Pro traders avoid Bitcoin longs while cautiously watching DXY strengthen
Large corporations are buying Bitcoin at an accelerating pace, but pro traders are reluctant to open BTC longs while the dollar index strengthens. Go to Source Powered by WPeMatico
Pro traders went long as Bitcoin fell to $45K, liquidating $5.9B in futures
Data shows pro traders opened new leveraged long positions even as Bitcoin price dropped to $45,000 and $5.9 billion in futures contracts were liquidated. Go to Source Powered by WPeMatico
3 Bitcoin price metrics show bulls were not fazed by today’s $1.6B liquidation
Today’s $1.6 billion Bitcoin liquidation event might have flushed out some over-leveraged retail investors, but the overall market is still positioned in favor of bulls. Go to Source Powered by WPeMatico
CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market
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
It’s a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K
3 key indicators signalled that Bitcoin’s rally to the $11K level was a dud. Go to Source Powered by WPeMatico
Sub-$10K Bitcoin price caused $653M open interest drop, largest since March
Pro traders bullish sentiment softened after Bitcoin futures open interest fell in tandem with traditional markets which also recorded notable losses. Go to Source Powered by WPeMatico
Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows
Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12.4K. Go to Source Powered by WPeMatico
