Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Excha...

Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Excha...

Institutions hold record bullish beets in CME Bitcoin futures as the cryptocurrency shows resilience to negative news.


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Bitcoin Shrugging Off Stimulus and Election Fears is a Sign of a Bull Market

Bitcoin has undergone a strong rally over the past two weeks. Since the news broke that OKEx has restricted withdrawals, the cryptocurrency has gained approximately 25%, recently peaking at $14,100 on Saturday morning. Analysts say that BTC’s price action has been surprising, namely because there is much uncertainty in the markets. Bitcoin’s Resilience In Face of Uncertainty is Bullish For one, the stock market has begun to record a series of red days as the […]

Bullish uptrend intact as Bitcoin futures open interest hits $22.5B

Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue. Bitcoin (BTC) price has rallied 22.5% in March, but as the price moved up, some buyers began to use excessive leverage, according to derivatives data. Meanwhile, futures open interest reached a $22.5 billion record-high, causing investors to question how sustainable the current rally is.Being optimistic, especially during a bullish market, can't be deemed worrisome. Still, a yellow flag is raised when buyers use excessive leverage....

This bullish Bitcoin options strategy targets $50K without risk of liquidation

The Long Condor options strategy allows traders to place bullish bets without taking on liquidation risks. Long-dated Bitcoin options and bulls still make waves with their ultra bullish bets, but even they must admit that the possibility of (BTC) trading above $60,000 in the next couple of months is dim. Many traders have added leveraged-long positions via futures contracts to chase after the elusive all-time high, but this seems like an unrealistic outcome. According to Willy Woo, a popular on-chain analyst, exchange outflows and accumulation from BTC miners and whales suggest that....

Bitcoin Massive Spike In Long Positions Raises Red Flag, On-Chain Platform Warns

While the general crypto market is slowly turning bearish, Bitcoin continues to hold above key support levels, which previously acted as strong resistance a few days ago. BTC’s renewed uptrend has attracted significant interest among investors, as observed by a rise in bullish bets, but the future may not be all promising. Bullish Bets On […]

FTX created a Wall Street Bets index including GME, DOGE and others

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