Category: BTC Futures

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up. However, it is worth noting that Bollinger Bands and the […]

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Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern

Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern

The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump. 7352 Total views 7 Total shares It’s not yet known whether Binance’s recent news of  being temporarily suspended from the U.K.’s financial system is the main driver behind today’s Bitcoin (BTC) price drop. As Cointelegraph reported, […]

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Bitcoin’s epic $7.5B long squeeze just made BTC price more bullish — Here’s why

Bitcoin’s epic $7.5B long squeeze just made BTC price more bullish — Here’s why

May 19’s price crash in the Bitcoin (BTC) spot market wiped about $7.56 billion worth of long-leveraged positions from cryptocurrency derivatives markets. Leveraged bullish investors winded up around $7.5 billion in longs on May 19. Source: Bybt The event marked the biggest bullish leverage wipeout since March 2020. Retail and institutional investors borrowed from leading […]

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