Bitcoin (BTC) broke through $42,000 on Jan. 11 as expectations of a fresh “short squeeze” mounted. Source: cointelegraph.com Short-term squeeze “reasonably likely” Data from Cointelegraph […]
Bitcoin fills $42K December price wick as analyst says 'party just getting started'
Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. Source: cointelegraph.com Open interest remains high Data from […]
Data suggests traders view $46,000 as Bitcoin’s final line in the sand
Dec. 13 will likely be remembered as a “bloody Monday” after Bitcoin (BTC) price lost the $47,000 support, and altcoin prices dropped by as much […]
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to $47,250 and […]
Bitcoin Open Interest Remains Elevated Post Dramatic Dip
Data shows Bitcoin open interest has remained high despite the dramatic sell-off that occurred a few days back due to fud from the new COVID […]
Kelly Strategic Management files for Ethereum futures ETF
Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts. Source: cointelegraph.com The move comes […]
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according […]
Invesco exec reveals reasons for dropping Bitcoin futures ETF
After dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in October, the United States’ $1.6 trillion asset manager, Invesco, has disclosed the […]
3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom
The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% […]
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Selecting a timeframe for technical analysis is always a tricky topic, but usually, the longer the trend, the higher the odds it shall prevail. For […]