Bookmarking Crypto Insights
Auto Added by WPeMatico
BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls. Go to Source Powered by WPeMatico
Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first. Go to Source Powered by WPeMatico
ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution. Go to Source Powered by WPeMatico
Recent strength in Ethereum boosted investors’ morale and gave bulls the upper hand in Friday’s $2.4 billion options expiry. Go to Source Powered by WPeMatico
Holding $42,000 will help determine whether BTC bulls bag a $175 million profit in March 25’s $3.34 billion options expiry. Go to Source Powered by WPeMatico
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally. Go to Source Powered by WPeMatico
BTC price struggles to sustain $40,000, but Friday’s options expiry might give bulls the $160 million profit needed to keep the positive momentum. Go to Source Powered by WPeMatico
Traders who believe ETH will recover but unlikely surpass $3,800 ahead of May can benefit from the skewed iron condor strategy. Go to Source Powered by WPeMatico
The Biden administration’s dovish approach to crypto sector regulation and a bounce in equities markets could give bulls a boost in Friday’s $790 million options expiry. Go to Source Powered by WPeMatico
The market gave up last week’s gains from Bitcoin’s surge to $45,000, but derivatives metrics suggest retail traders are more bullish than market makers and whales. Go to Source Powered by WPeMatico
