Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal.
Bitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K.
Bitcoin price is near $12K again but this level may cause more harm than good if bulls fail to flip it to support.
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included?
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms.
Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders.
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume.
Here’s how investors can use Bitcoin options to generate DeFi-sized yields without having to wrap their hodl stack.
Bitcoin’s newly found bullish momentum has traders targeting $12,000 and above.
The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price.