Bitcoin’s three-month futures basis has seen an uptick, indicating a rise in derivatives activity. A CEO highlights that retail users are “buying the dip” while maintaining resilient balances. It was informed that retail usually enters the market late and experiences the most significant losses during unwinds. Traders are ramping up leverage once more, despite Bitcoin … Read more
The Bitcoin price surged past $71,000 over the weekend, continuing its recovery following one of the most significant sell-offs of the cycle that had briefly driven the price down to around $60,000 earlier this week. The recovery is unfolding as institutional investors seem to view sub-$70,000 bitcoin as a fresh buying opportunity, while retail traders … Read more
Bitcoin found itself in a downturn, trading over 30% beneath its all-time highs and facing the emergence of a death cross—a technical signal that typically foreshadows major price corrections. Bitcoin is currently hovering just above $89,200, having recently experienced a crossover of its 10-week and 50-week simple moving averages on December 8. This significant development … Read more
