Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?
The Dollar Index disconnect from Bitcoin does not necessarily mean that BTC price is about to experience a big rally, historic data suggests. Go to Source Powered by WPeMatico
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Here’s a clever options strategy for cautiously optimistic Bitcoin traders
Pro traders often use the risk reversal options strategy to hedge their bets and profit in the case of an unexpected rally. Go to Source Powered by WPeMatico
Markets Update: Crypto Analysts Remain Uncertain After 2019’s First Week of Trading
Since our last markets update, cryptocurrency markets consolidated within a tight range and have been less volatile over the last few days. The market capitalization of the entire cryptocurrency economy has gained about $5.7 billion and a few of the top coins have seen some price jumps this week. Also Read: Embracing Utility in 2019: … Read more
Short Squeeze Catapults Price of Bitcoin Past $7,600
Just hours after short positions on Bitcoin eclipsed longs, and as BTC shorts volume reached an all-time high, Bitcoin saw an explosion, appreciating over US$900 in under an hour, a growth of 13%. Since the pump, global cryptocurrency markets have risen over 10%, to just under US$300 billion. Speculators overwhelmingly agree that the cause for … Read more
Following Bullish Sentiments: Price of Bitcoin Eyes $7,000, Global Markets Green
While it may be premature, many are suggesting that a true reversal is finally taking place. As Bitcoin establishes higher lows, and more and more altcoins are seeing huge appreciations, there seems to be evidence to suggest the bears are being driven out. Coupled with abundant, positive news recently, it’s possible that the extended red … Read more
