BTC traders are still searching for a bottom, but derivatives metrics show sentiment is negative and even the rally to $40,000 had little impact.
Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25.
Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry
Bulls will eliminate 99% of the bear’s protective puts if BTC trades above $40,000 on June 19.
Here’s how traders use call options to increase their Bitcoin holdings
Learn how pro traders use covered call strategies as a low-risk method to increase their Bitcoin holdings.
When all-time high? Bitcoin traders lose confidence as BTC price slumps
Bitcoin adoption continues to increase but derivatives data shows retail and professional traders are reluctant to build new bullish positions.
Sub-$60K monthly close will make Bitcoin’s $3.9B options expiry a non-event
Bitcoin options traders hoped for a $60,000 monthly close, but the balance between calls and puts signal the expiry will be a non-event.
What the FUD? Fear drives Bitcoin price down, not Friday’s $6.1B expiry
Analysts say Friday’s $6.1 billion Bitcoin options expiry is putting downward pressure on BTC price but derivatives data suggests otherwise.
High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin’s recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded.
Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26
Up to $6.1 billion worth of Bitcoin options are set to expire on March 26 but derivatives data suggests that the expiry favors bullish traders.