$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think […]
Category: Market Analysis
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Data shows Bitcoin has a pattern of sharply correcting after the open interest on BTC futures tops $1 billion.
Bitcoin price fell short of reaching $20,000, but record high open interest on BTC futures shows pros are still bullish.
Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin […]
Numerous on-chain indicators suggest Ethereum price is on the verge of another 2017-style bull run.
Bitcoin has resumed its journey toward a new all-time high, and the renewed bullish momentum is pulling altcoin prices higher.
Options data shows pro traders are not confident that Ethereum price will follow Bitcoin’s rally to new 2020 highs.
Even as $525 million in Bitcoin options expire on Friday, bulls are expected to strongly defend the $15.5K level.
Bitcoin whale clusters show that $14,914 is critical for the ongoing rally to see continuation.
Open interest in Bitcoin options reached a new record at $2.9 billion, signaling that pro traders remain bullish on BTC […]