Bitcoin’s price has dropped 10% this week, settling at $86,300 after breaking out of its previous trading range of $90,000 to $110,000. Traders are now closely monitoring a significant “runaway gap” in CME Bitcoin futures, which could bring the price down to $80,000. This gap, a blank space on the price chart, emerged three months ...
Bitcoin is nearing a crucial price level as it approaches last year’s downside target, currently trading around $82,160. Analyst Rekt Capital highlighted a significant “gap” in Bitcoin’s futures Market, indicating potential price movement. Bitcoin has recently bounced back about 5% after hitting multi-month lows. Despite this, concerns linger regarding the Market‘s next bottom due to ...
Bitcoin has dropped below $92,000 after a recent surge, marking a significant decline from $96,000. This decrease coincides with a notable increase in open futures positions on Binance, suggesting a rise in bearish sentiment as traders likely opened short positions, anticipating further declines. The cumulative volume delta indicates that selling pressure is surpassing buying activity. ...
BingX, a leading cryptocurrency exchange based in Vilnius, Lithuania, has launched the ALTCOIN Index, the first futures trading pair for top altcoins. This new product allows users to easily track and trade major cryptocurrency trends with just one click. The ALTCOIN/USDT futures pair includes popular cryptocurrencies like Ethereum, XRP, and Dogecoin, excluding Bitcoin and stablecoins. ...
