Bitcoin bears well positioned for Friday's $2.5 billion options expiry

Bitcoin bears well positioned for Friday's $2.5 billion options expiry
фото показано с : cointelegraph.com

2022-12-29 16:26

BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered.

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Bitcoin Price Analysis: Bears Look to Trap Bulls Into Weekly Close

As the Bitcoin price weekly candle draws towards a close for the week we take a look at what the performance over the week looks like going into the final week of March. Bitcoin price: 4-HOUR CHART Looking at the4-hour chart, we can see that the bitcoin price has spent the last few days oscillating around the weekly opening price of $3965, with the bears continually attacking this level.

2019-3-24 22:30


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half.

2019-3-13 22:26


Examining Both Sides of Bitcoin Bulls and BTC Bears: What Separates Supporters from Opponents?

Of Bulls and Bears: What Distinguishes Bitcoin Supporters from BTC Opponents? Bitcoin (BTC) is the first and largest cryptocurrency in the market that currently features over 2,100 digital coins. However, ever since it appeared, BTC had those who supported it and those who did everything in their power to discourage others from dealing with it. […]

2019-3-11 07:51


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind.

2019-3-9 02:08