Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
Bitcoin futures data counters the assumption that BTC’s rally to $42,000 was primarily propelled by shorts liquidations. What is next for BTC? Go to Source
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SBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?
SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000, but is it actually possible and worth the effort? Go to Source
Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data
BTC price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead. Go to Source Powered by WPeMatico
Bitcoin, gold and the debt ceiling — Does something have to give?
Traders are still tiptoeing around markets as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Go to Source Powered by WPeMatico
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Go to Source Powered by WPeMatico
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
BTC margin markets and futures’ long-to-short indicator show professional traders unwilling to bet on Bitcoin’s price dropping. Go to Source Powered by WPeMatico
Ethereum price weakens near key support, but traders are afraid to open short positions
ETH price hovers at a key support level and while it is softening, data shows pro traders are reluctant to go short. Go to Source Powered by WPeMatico
2 key Ethereum price indicators point to traders opening long positions
Ether price is still at risk of falling below $1,000, but data points to traders opening fresh long positions. Go to Source Powered by WPeMatico
Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to Long or Hedge Bitcoin Cash Against a Myriad of Tradeable Assets
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized … Read more
What will happen to Bitcoin and Ethereum if traditional markets break?
Multiple indicators of economic health all point to a severe recession hitting the US and global economy soon. What could this mean for crypto investors? Go to Source Powered by WPeMatico
