Tempers are running hot in the latest round of Bitcoin FUD, but a longer-term perspective reveals “business as usual” for BTC.
New all-time highs for the largest altcoin combine with fresh bullishness across crypto after this week’s sell-off.
Dissolving support at $50,000 opens up a path to levels not seen in months, warns Delta Exchange CEO Pankaj Balani.
Funds are ready on exchanges as existing whale behavior suggests that $52,000 is now the floor for Bitcoin.
Bitcoin bulls face off with altcoins after the largest cryptocurrency’s latest rejection at $60,000 resistance.
Binance CEO Changpeng Zhao said Bitcoin’s volatility is “probably less volatile” in comparison to some stocks, but data shows Bitcoin is the incontestable winner when adjusting the metric based on returns.
The Grayscale Bitcoin Trust continues to trade at a discount compared to BTC, a situation that presents a unique challenge to Grayscale and investors.
Investors mean business as current prices remain more than attractive to new buyers.
Data shows pro traders are heavily accumulating the current dip in Bitcoin price while retail investors are occupied with trading altcoins.
Fresh gains come as the weekend preserves previous performance and Bitcoin heads to $59,000 on Monday.
New figures show certain revenue sectors boomed by over 50% in Q1 2021 compared to the same quarter last year.
Ethereum price is clearly in a strong bull trend, but derivatives data signals that pro traders are shifting their bullish bias back toward Bitcoin.
BTC/USD is set to end the month around 8% down, the first such losing streak since 2015 despite an even more impressive Q1 performance.
Bitcoin options traders hoped for a $60,000 monthly close, but the balance between calls and puts signal the expiry will be a non-event.
Bitcoin options data shows pro traders are neutrally positioned despite BTC’s dip to $47,000 and the subsequent 15% recovery.
With Bitcoin’s relative-strength indicator slumping to levels not seen since the March 2020’s Black Thursday crash, Raoul Pal asserts BTC is overdue for a bounce.
Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage.
Data shows pro traders are not buying the current Bitcoin dip as tomorrow’s $1.55 billion options expiry looms.
A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years.