Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus…
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Bitcoin bears are closing in on a rare win, as they have the advantage in this week’s $600 million BTC options expiry. This week’s Bitcoin (BTC) options expiry on Friday, July 21, could solidify the $30,000 resistance level and give the bears the upper hand for the first time since the 21% rally between June 14…
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BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. As a result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated.…
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Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday’s expiry. The $900 million Bitcoin (BTC) weekly options expiry on May 12 might play a decisive role in determining whether the price will succumb below $27,000. Bitcoin price rejected again at $30,000 BTC bears will…
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The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio of short liquidations vs long…
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Bitcoin price is no longer in reach of $40,000, but data shows bulls are willing to take a few short-term losses in order to strengthen their next run at the key resistance level. The past few months have been less than pleasant for Bitcoin (BTC) bulls, but they are not alone. Persistent comments from the…
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Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over. Bitcoin (BTC) has been struggling to sustain the $47,500 support since the Dec. 4 crash, a movement that wiped out over $840 million in leveraged long futures…
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With BTC price under $57,000, bears appear to have a slight advantage in this week’s $950 million BTC options expiry. Bitcoin (BTC) price is down this week, and naturally, bears will always find some reversal signal whenever the price shows strength, such as the 8% gain on Nov. 28. Of course, technical analysis is not…
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Not sure which way BTC price might go? Here’s how pro traders use the “iron condor” options strategy to place carefully hedged bets. For traders who are undecided on Bitcoin’s (BTC) move, the “long condor with call options,” or the “iron condor” options strategy, yields optimal results with very low risk. This strategy offers protection…
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Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Crypto exchange Deribit is the absolute leader in the Bitcoin (BTC) options markets, and on Nov. 24, the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.” We’ve seen 25-Delta put skew…
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