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Posted by | December 12, 2023
Bitcoin derivatives data points to traders' $50K BTC price target

Bitcoin (BTC) price continues to trade below its 2023 high, a sign that investors may have underestimated the strength of the $44,000 resistance. Even as BTC price trades below $42,000,...

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Posted by | December 5, 2023
Bitcoin price hit 2023 high, so why are retail traders waiting on the sidelines?

The total market capitalization of the cryptocurrency market surged past $1.55 trillion on Dec. 5, driven by remarkable weekly gains of 14.5% for Bitcoin (BTC) and 11% for Ether (ETH)....

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Posted by | December 4, 2023
Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations

In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130 by Dec. 4. Traders and analysts have been abuzz with speculation, especially...

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Posted by | November 29, 2023
CME Bitcoin futures show investors betting on $40K BTC price

The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size....

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Posted by | November 27, 2023
Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K

Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week...

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Posted by | November 22, 2023
Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

The cryptocurrency market recently experienced events that were previously expected to present a severe negative price impact, and yet, Bitcoin (BTC) traded near $37,000 on Nov. 22 — essentially flat...

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Posted by | October 25, 2023
Bitcoin price chases after $35K as BTC derivatives data signals fresh inflow

Bitcoin’s (BTC) price action is the talk of the town this week, and based on the current sentiment expressed by market participants on social media, one could almost assume that...

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Posted by | October 15, 2023
Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval

Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications. 5519 Total views 34 Total shares Grayscale’s Bitcoin...

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uptober-might-be-over:-bitcoin-price-data-shows-investor-sentiment-at-3-month-low
Posted by | October 12, 2023
Uptober might be over: Bitcoin price data shows investor sentiment at 3-month low

Bitcoin (BTC) faced a 4.9% correction in the four days following the failure to break the $28,000 resistance on Oct. 8, and derivatives metrics show fear is dominating sentiment in...

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uptober-may-be-over:-bitcoin-price-data-shows-investor-sentiment-at-3-month-low
Posted by | October 12, 2023
Uptober may be over: Bitcoin price data shows investor sentiment at 3-month low

Bitcoin (BTC) faced a 4.9% correction in the four days following its failure to break the $28,000 resistance on Oct. 8, and derivatives metrics show fear is dominating sentiment in...

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