Bitcoin is currently trading beneath a crucial cost threshold that short-term holders invested to obtain it — indicating that a significant number of recent buyers are facing losses as we approach one of the month’s largest options expiry events. Current data indicates that Bitcoin is trading below the Short-Term Holder Cost Basis of $78,900, as … Read more
On Tuesday, Bitcoin’s price soared beyond $76,000, reaching a four-week peak and showcasing its most significant price movement in recent weeks. This rally was fueled by a mix of geopolitical optimism, forced short liquidations, and robust institutional buying pressure. The surge started gaining momentum on the evening of April 13, as bitcoin pierced through a … Read more
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