Bitcoin Options Traders Position for Gains (to $80K?) in Historically Bullish April
Theoretically, the $80,000 call represents a bet that bitcoin would settle above that level on April 30. Some bitcoin options traders are betting this year’s…
Tag: Markets
Bitcoin Traders Brace for Record $6B in Options to Expire Friday
The record bitcoin options expiry could be bearish overhang on the market. They call it “max pain” in the bitcoin options market: How to make one’s trading…
Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase
“My speculative guess is that institutions are buying bitcoin’s price dip,” one analyst said. Digital-asset traders and analysts were scrambling Tuesday to assess a fresh…
Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High
BTC is moving sideways as its short-term uptrend slows. Bitcoin (BTC) has been stuck in a range of $54,000 to $60,000 over the past few…
Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’
There is “no good reason to own BTC unless you see prices going up,” the bank says, but it is intrigued by decentralized finance. “Bitcoin is…
Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern
Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern. Bitcoin is nursing losses ahead of a crucial Federal Reserve policy…
Bitcoin Plunges Below $55K Amid Weak Institutional Inflows, Profit Taking
“This does not mean the bull run is over, it just means that profit taking is happening,” according to market analyst Lark Davis. Bitcoin is…
Bitcoin Briefly Drops Below $48K as Analysts Say Rally Overdone, Yellen Comments
Analysts are mixed on how low bitcoin might go if a bigger pullback is seen. Bitcoin swiftly lost altitude early on Monday, dropping over 15%…
Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal
Bitcoin’s rally could continue in the short term, analysts and traders said, after the largest cryptocurrency by market cap surged on Wednesday to a new…
3 Reasons Why Bitcoin’s Price Just Fell by $3K
The sudden pullback just short of a new $50,000 high surprised many investors. Here’s what probably happened. Bitcoin slumped early on Monday, soon after it…