Bitcoin Option Traders Seem Doubtful At Entering Directional Trades
Data from Bitcoin options shows that crypto traders are currently selling out and uncertain about entering directional bets on the coin’s future transactions. This is the highest occurrence of this kind of investors’ sentiments on the coin since last year May, when more than 50% of Bitcoin’s value declined. Arcane Research’s Report On Bitcoin Crypto market analysis company Arcane Research had recently published a report on the performance of Bitcoin. Their research highlighted that the coin experienced low volatility of over 70%, bolstering that this is the first....
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Renowned binary option broker 365 Binary Option has focused largely on providing resources that improves traders' investment portfolios. The UK-based firm - which has recently emerged as one of the most advanced binary trading companies - now brings a dedicated Trader Resource and Education Center to educate traders with the ins and outs of the binary option market. This section consists of every type of guide to improve strategies while trading such binaries. Traders can get knowledge on various topics from the
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....
Using multi-leg options can give traders a less risky way to invest in Ethereum price as it pushes above $2,000. This week Ether (ETH) price finally broke through the $2,000 level as aggressive institutional inflow through Grayscale Investments products and declining exchange reserves signaled that buying pressure was increasing.While many traders are skilled at using perpetual futures and the basic margin investing tools available on most exchanges, they may be unaware of additional instruments that can be used to maximize their gains. One simple way, albeit expensive, is buying Ether....
When Bitcoin price action is sideways and directionless for the better part of a year, bulls and bears argue over which direction will be ultimately chosen. However, considering macro conditions like rising interest rates, a sinking stock market, and mounting ting debt, bears aren’t ready to throw in the towel. But they might want to after seeing this chart. Bitcoin Price Chooses A Direction: Up And Away Bitcoin and other cryptocurrencies are normally notoriously volatile. But volatility has dwindled to next to nothing since the FTX collapse struck. Few have been willing to take the risk....
Bitcoin price continues trading above $600 and 4,000 CNY across exchanges. Price action and market momentum are slowing, as bitcoin price typically does prior to a strong directional move. Price holds above $600 and 4000 CNY while the 1day and 3day charts remain in bullish mode. The 1hr and 4hr timeframe charts are not emitting directional signals and we see the 4hr chart, above, holding above $600, above its 200MA and above a horizontal support level (blue) near $590. The longer price can remain above these support levels, the better for the bullsih outlook. However, a few dips below $600....