Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish.
Bullish reversal? Traders debate whether $37K BTC price is a trend reversal
A stream of bullish Bitcoin adoption news helped to push BTC price back above $37,000 but traders are unsure if the 20% move confirms a trend reversal.
Bitcoin price is fragile, but on-chain data points to fresh accumulation
On-chain data shows long-term holders are back in accumulation mode after the recent shake-out cleared network congestion and shook out over-leveraged traders.
Unsure about buying the dip? This key trading indicator makes it easier
Knowing how to spot market reversals and when to buy the dip is nearly impossible, but the RSI indicator can help.