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CATEGORY: contango

Bitcoin price closes in on $40K, but pro traders are still skeptical
Author: Cointelegraph By Marcel Pechman
United States
Source: Cointelegraph.com News
Feb 02, 2022 12:09

Bitcoin price closes in on $40K, but pro traders are still skeptical

Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur.

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Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence
Author: Cointelegraph By Marcel Pechman
United States
Source: Cointelegraph.com News
Jan 11, 2022 12:09

Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence

Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over.

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