The indicators, coupled with a strong bid momentum versus the offers, suggest that Bitcoin’s price could push above $50,000 in the coming sessions.
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Bitcoin Looks Bullish As Funding Rates Turn Positive
Data shows funding rates for Bitcoin have turned positive, a signal that might indicate market sentiment is bullish among traders. Bitcoin Funding Rates Turn Positive,
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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.
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Bitcoin bulls control Friday’s $1.7B monthly options expiry
Bitcoin’s surge above $40,000 boosted the bulls’ advantage in this month’s $1.7 billion options expiry.
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Over $800 Million Bitcoin Shorts Liquidated As Price Surges 12% In 24 Hours
Bitcoin price continues to see incredible movements over the past 24 hours. The price of the coin has moved over 10% as the crypto market
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Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive.
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