Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support.
Bitcoin stays out of fear for 11 straight days as price tips near 24K
Bitcoin’s huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock.
Crypto markets bounced and sentiment improved, but retail has yet to FOMO
The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.”
Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider.
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry.
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors.
Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders
Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.
$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price
BTC bulls are looking at a $300 million loss after last week’s 11.5% correction set them up as the losers of Dec. 10’s $1.1 billion options expiry.
Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300.