Bitcoin Futures Heating Up, Why BTC Traders Should Expect Volatility
Bitcoin has been moving sideways during the day as it was rejected north of $63,000. As of press time, BTC’s price trades at $62,698 with a 1% profit in the weekly chart. However, Bitcoin could see some action in the short term. The benchmark crypto has been rallying on the back of an increase in institutional demand and the launch of the first BTC-linked ETFs in the U.S. Related Reading | Why Bitcoin Needs To Clear $64K For Hopes of a Fresh Rally As a consequence, Bitcoin went from the lows at $40,000 to a new all-time high in less than a week. This caused a FOMO effect most....
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Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps on CME Group’s Bitcoin Futures chart with an upward trajectory toward $18,000. During the last few days, bitcoin (BTC) spiked over the $16k handle, as numerous cryptocurrency markets have seen some significant gains this week. On....
Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur. The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from derivatives markets. At the moment, the futures and options markets are showing a lack of confidence from Bitcoin pro traders, but there's a positive spin to the data.Bitcoin price at Coinbase, USD. Source: TradingViewThe road to $40,000 seems uncomfortably predictable, and cryptocurrency traders usually call it "manipulation" when such....
Bitcoin exchange BitMEX have announced the introduction of a futures contract for Bitcoin, in a much-needed shot in the arm for the cryptocurrency who fortunes have been ebbing lately. Bitcoin has been disappointing over the past few days. Just when it was announced that it was the worst performing currency in all of 2014, then now comes the news that it has slumped below the psychologically critical $300 mark. We are now talking about $270 support levels, and it would be safe to say that even the most ardent bit-believer must be skipping a heart bit (pun intended) right now, if not on the....
One of the world's largest Bitcoin exchanges, OKCoin, has just announced yet another service they will be adding for their Bitcoin traders - futures. Futures allow for traders to hedge their risk when dealing with high levels of volatility, which is one of the largest challenges Bitcoin faces at this time. Futures trading is something offered on most stock brokerage service such as E*Trade or TDM Ameritrade, and is now coming to the Bitcoin arena. OKCoin's futures trading allows traders to "lock in" future prices to buy their coins. Futures are legally binding agreements between two....
COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets. COTI, a blockchain-powered fintech startup, has launched a new cryptocurrency index enabling traders to profit from the market volatility.The new Crypto Volatility Index, or CVI, brings the traditional “market fear index” to the crypto market, allowing users to deposit and open positions with Tether (UDST).Gibraltar-based COTI explained that the new index allows traders to open CVI positions for high and low volatility. “Users who expect volatility to increase can open a CVI position.....