Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks
The open interest on Bitcoin options has hit $8.8 billion but data show bulls are in favor after BTC’s rally to a new all-time high.
Derivatives
Why this trader thinks the Bitcoin bottom is in based on volume trends
On January 12, the day the price of Bitcoin dropped from $41,000 to $30,500, over $2.5 billion worth of futures contracts were liquidated.
The post Why this trader thinks the Bitcoin bottom is in based on volume trends appeared first on CryptoSlate.
3 Bitcoin price indicators prove pro traders are still bullish on BTC
Bitcoin futures and options indicators remained stable during the 26.5% crash, a signal that the harshest part of the BTC correction may be over.
Hold your horses! $9K Bitcoin price drop not a trend change, data says
Traders are freaking out about today’s 27% Bitcoin price drop but historical data show sharp corrections are natural even during bull markets.
5 factors show bulls control Ethereum price even after a 26% correction
Multiple data points show investors are strongly bullish on Ethereum price even after today’s sharp rejection at $1,160.
Crypto derivatives gained steam in 2020, but 2021 may see true growth
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.
4 reasons why Ethereum options traders expect ETH price to reach $880
Ethereum options data show traders anticipate a continued surge to $880 over the next four weeks.
Bitcoin price surged to $24.6K, but direction of next rally is unclear
The price of Bitcoin surpassed its all-time high and surged above $24,600 as traders analyze what will come next.
These 4 key Bitcoin price metrics clearly reflect traders’ bullish optimism
Multiple Bitcoin price metrics show traders are still bullish on BTC even after the drop below $22,000.
Here’s why pro traders barely flinched at today’s 8% Ethereum price drop
Derivatives data and trading volume show investors are still bullish on Ether price even after today’s drop to $596.
