$27K 'max pain' Bitcoin price is ultimate buy-the-dip opportunity, says research
It may not happen, but a crash to $27,000 would be the chance for many investors to "go all in" on BTC. Bitcoin (BTC) is facing calls for a significant price dip this week, and while some favor $30,000, there may be a safer bottom to long BTC.In a tweet on April 28, on-chain analysis platform Whalemap used whale support to determine where "many" investors should enter the market.Should hodlers hope for "max pain"?With Bitcoin whales in focus at what is the most historically significant consolidation zone in Bitcoin's history, their buying and selling matters .Last month's push to near....
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Upon realization of Bitcoin’s true value, one must reconcile their economic opportunity cost with their new reality.
As over $4 billion in BTC options contracts stand to expire, most options traders will feel “max pain,” while options writers could gain. What’s interesting about this particular options expiry is that the current max pain price for the expiry is $54,000, which is very close to the current trading price. The max pain price is the price at which most options are rendered worthless, thus leading to the loss of the option premium for the options holders. Although, in this situation, options writers stand to gain.On April 29, over $4.2 billion worth of Bitcoin (BTC) options contracts will....
Bitcoin price action is currently confusing crypto traders and analysts and the reaction after reaching a new all-time is not what anyone expected. The leading cryptocurrency by market cap was thought to explode once a new high was made, but instead, another up to six months of sideways could bring max pain to eager investors […]
The University of Maryland, Cornell, and the University of California Berkeley will be conducting cryptocurrency research backed by $3 million in funding from the National Science Foundation, a US government agency that supports and funds scientific research. According to principal investigator Elaine Shi, the universities will be focused on developing new cryptocurrency systems that can address "pain points" in bitcoin and other digital currency networks. Cryptocurrency Research Scope. This wide-ranging research, which is entitled The Initiative for Cryptocurrency and Contracts (IC3),....
Here's a look at what we are focusing on in the bitcoin price this morning. Tuesday’s here, and as things turned out, we had a pretty interesting night’s worth of trading in the bitcoin price last night. Not because price moved considerably, or anything like that, but because we got some choppy action that fell in line with our breakout levels. Normally, choppy action is a real pain. It gets us into trades and then ends up taking them out again almost right away. That’s what stop losses are for, and it’s a pain but something we just have to accept. However, last night’s choppy action fell....