Bitcoin Delta Growth Rate Drops Into Negative Territory — BTC May Face More D...
The broader cryptocurrency market is witnessing one of the largest pullbacks in the cycle, as evidenced by Bitcoin’s price decline from its current all-time high of $126,000. BTC’s price is now hovering around $83,000. While the ongoing bearish price performance persists, it is now extending into several key metrics, impacting its market dynamics. A Signal […]
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A recent research report by the onchain analytics platform Cryptoquant noted that the demand for Bitcoin (BTC) has dropped into negative territory. The platform also highlighted the unwavering conviction among long-term holders, which is undoubtedly a positive for the flagship crypto. Bitcoin’s Demand On The Decline Cryptoquant stated that the demand for the flagship crypto […]
After experiencing a notable surge in its price above the $105,000 mark, Bitcoin’s market dynamics are showing bullish momentum for continued growth. BTC’s renewed strength is also observed among key metrics such as the Spot Net Volume Delta, which has recently flipped into positive territory. Binance Bitcoin Spot Volume Shows Strength Bitcoin’s bullish performance is […]
Amid the ongoing bearish action of the broader cryptocurrency market, some key metrics of Tron (TRX) are experiencing a major shift in investor sentiment. One of the on-chain metrics currently taking center stage in its market dynamics is the Buy/Sell Pressure Delta. Buy-Sell Pressure Delta Flashes Market Shift For Tron With a recent report from […]
Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Crypto exchange Deribit is the absolute leader in the Bitcoin (BTC) options markets, and on Nov. 24, the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.”We've seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of Nov implying a more bearish overall sentiment. Premiums for downward protection are getting more expensive. In the short term, this expiry has a Max pain of $58k.....
Following the return above $100,000 in the previous week, Bitcoin has fought well to maintain its hold above the six-figure mark in recent days. While the flagship cryptocurrency retains its six-figure valuation, there’s still some momentum lacking in its price action, as spotlighted by last week’s performance. According to recent analysis, the sluggishness and apparent indecision in the BTC market can be attributed to significant selling pressure in the derivatives market. Interestingly, the latest on-chain data shows that the Bitcoin price still has room for additional growth. Options....