Pro traders are mildly skeptical about Bitcoin’s recent return to $50K
Bitcoin's price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons. The price of Bitcoin (BTC) is back at the $50,000 level, and there's little doubt that the 47% positive rally over the past 30 days has been fueled by whale accumulation, institutional adoption and positive remarks from regulators regarding a possible exchange-traded fund (EFT) approval.Despite the positive newsflow, the top traders at crypto exchanges and derivatives data appear unmoved by the recent rally to the $50,000 resistance.Crypto analyst Will....
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According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […]
On-chain and crypto exchange data show pro traders feel less confident about Bitcoin’s bullish momentum under the $15.5K level. Typically, traders become skeptical after Bitcoin (BTC) ‘completes’ a strong performance like the stellar move from $12,000 to $15,950 seen over the past few weeks. The 35% gain over the past 30 days led some traders to conclude that BTC is over-extended and in need of a pullback. On the other hand, there are plenty of traders who are confident that the current bull run can continue.Generally, the market is displaying mixed signals as Bitcoin price fluctuates....
Over the last year and a half, non-fungible tokens (NFT) have seen massive hype and millions of dollars worth of sales executed at auctions. A recent survey produced by bonusfinder.com shows sports fans are doubtful of the NFT craze as the poll’s findings show nearly three out of four people are “moderately skeptical” about the long-term outcome of NFTs as an investment. Sports Fans Are Skeptical of NFTs but 62% Know About the Technology Non-fungible tokens have been a very hot topic in 2021 and worldwide Google Trends (GT) data shows the subject reached an all-time high....
State-of-the-art binary options trading platform OptionsClick is offering one of the highest payout ratios to its clients. The broker, which is licensed and regulated by CySEC, is ensured to offer a fixed return on every winning trade. It typically returns 70-85% upon the predicted - or "in the money" - expiration of an option, while it also returns 0-15% on options that are expired "out of the money." "For example," OptionsClick explains, "an investment of $100 that expires "in the money" will return $170-185 to the investor - that is, the original sum plus $70-85. If the option expires....