Improving Bitcoin price metrics highlight bears’ dwindling confidence in sub-$95K BTC
Bitcoin’s open interest has dropped to a two-month low, indicating limited downside risk for BTC price.
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Bitcoin’s open interest has dropped to a two-month low, indicating limited downside risk for BTC price.
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over.
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
Bitcoin traders maintain a neutral sentiment despite the uptick in geopolitical tension and uncertainty within world markets.
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment.
Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level.
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.
A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.
