Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options ...
Analysts say Bitcoin’s strong rejection at $44,000 is further proof that derivatives markets play a significant role in the asset’s price dynamics. Bitcoin (BTC) fell more than 2% from local highs during Jan. 12 in the latest move to keep market participants guessing about what's to come for the largest digital asset. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"One step at a time"Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD after the pair hit its highest levels in more than a week.A trip to $44,450 on Bitstamp after the Wall Street....
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Optionsclick is one of the Binary Options leading Brokers. The Optionsclick provides newbies and experienced traders a valuable resource for learning and improving their binary options trading techniques and strategies. Every registered trader has access to high-quality educational material and best lessons. Binary options are an estimate of an asset performance during a given time frame. In most forms of investment, the investors actually purchase the asset they invest in and the value of the profit and loss is determined by the changing value of the asset. If the investor sells the asset....
Popular bitcoin exchange and wallet service Coinbase, otherwise known as GDAX, has recently secured a registrant base of 4 million users worldwide. Now the firm has added Paypal support for bitcoin sells and credit card purchasing options. Coinbase Adds PayPal Support. San Francisco-based Coinbase is continuing its growth, seeing a significant rise in....
Bears are in deep trouble as ETH bulls are likely to pocket $115 million from Friday's options expiry. Ether (ETH) has been facing a bearish regression channel since Sept. 1, although it is currently battling to break its resistance.But despite some headwinds, ETH bulls will likely profit $115 million on Oct. 8's weekly Ether options expiry. The 21% pump over the past week was just enough to make the entire $250 million worth of neutral-to-bearish put options worthless.Ether price in USD at Coinbase. Source: TradingViewRegulatory fear limits the upsideUnderstandably, negative headlines....
Bulls bet on BTC prices above $60,000 for the June monthly options expiry, and now pro investors are going to pay a hefty price for being wrong. Bitcoin (BTC) has been trying to break out of a descending trend for the past week and the first attempt on June 16 failed to break the $22,600 resistance. The second attempt at $21,400 on June 21 was followed by an 8% price correction. After two failed breakouts, the price currently trades below $20,000 and raises questions on whether $17,600 was really the bottom.Bitcoin/USD 4-hour chart at Coinbase. Source: TradingViewThe longer it takes for....
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000. Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that th descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance.BTC/USD price on FTX. Source: TradingViewSuch bearishness follows scrutiny from United States regulators, after a Nov. 1 report from the President’s Working Group on Financial Markets suggested that stablecoin issuers in the United States should be subject to “appropriate federal....