Bitcoin’s Bear Market Might Not Be New: Data Points To A 2-Month Slide

According to CryptoQuant’s head of research Julio Moreno, Bitcoin may already be two months into a bear market after several of his indicators flipped to bearish in early November. Moreno pointed to the price sliding below its one-year moving average as the clearest technical confirmation, and he used that signal to argue a lower trading… Continue reading Bitcoin’s Bear Market Might Not Be New: Data Points To A 2-Month Slide

Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?

Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes. Currently, Bitcoin is trading at around $85,000, down by 3% from earlier this week. Market Reaction To Bitcoin,… Continue reading Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?

Analyst Spots New Critical Ethereum Price Levels With Options Expiry Over

Popular crypto analyst Michaël van de Poppe has highlighted vital price levels in the Ethereum (ETH) market following a massive option expiry event. This development comes amidst high whale activity on the Ethereum network. ETH To Break Out At $2,750, Analyst Says On Friday, approximately $1.02 billion worth of Ethereum options contracts were settled with… Continue reading Analyst Spots New Critical Ethereum Price Levels With Options Expiry Over