Bitcoin traders expect sharp volatility, here’s how to profit from it
Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility. Analysts who closely monitor traditional markets have started calling for a volatility spike in cryptocurrencies due to dire macroeconomic conditions. Signs of stress coming from credit markets took investors by surprise after the British pound hit a record low against the U.S. dollar on Sept. 26 and liquidity concerns surrounding major global banks like Credit Suisse and Deutsche Bank are boosting traders’ bearish....
Related News
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.....
Eventually, Bitcoin price will run into overhead resistance. Here’s how pro traders use options to profit from and protect against downside moves. Bitcoin seems to be struggling at the $58,000 level, which is leading some traders to fear a more significant correction could take place.While Bitcoin's (BTC) 2021 performance has been incredibly strong, its current 696% gain and comments from United States Treasury Secretary Janet Yellen suggesting that cryptocurrencies are used to finance terrorism may be enough to have investors feeling a bit cautious.Reducing open position sizes is usually....
Here’s how options traders would play the “very high volatility” that Binance founder Changpeng Zhao suggested will impact the crypto market over “the next few months”. Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means.Expect very high volatility in #crypto over the next few months.— CZ Binance....
Here's a look at what we are focusing on in the bitcoin price this evening. So that’s the first day of the week in the bitcoin price out of the way, and it’s been a pretty interesting one. We didn’t quite get the volatility we’d hoped for, but price did move, and we managed to get in on a short term scalp entry to draw a small profit from the market. Things have settled down a bit now, but that isn’t necessarily representative of what we can expect tonight, so with any luck we’ll get a bit more breakout action. So, with this said, and ahead of the late US session this evening, let’s take a....
Bitcoin price has been range-bound for 126 days, but analysts say an explosive move is imminent. Bitcoin’s (BTC) lack of volatility has been the dominant discussion point among traders for the past two weeks and the current sideways trading within the $18,000 to $25,000 range has been in effect for 126 days. A majority of traders agree that a significant price move is imminent, but exactly what are they basing this thesis on? Let’s take a look at three data points that predict a spike in Bitcoin volatility. Muted volatility and seller exhaustionAccording to Glassnode research, the “Bitcoin....