Bitcoin price holds $26K as derivatives data hints at end of volatility spike
BTC futures and options data show pro traders’ sentiment was not impacted despite last week’s 11.4% correction.
BTC futures and options data show pro traders’ sentiment was not impacted despite last week’s 11.4% correction.
Bitcoin’s price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable, according to derivatives data.
Regulatory concerns continue to impact the entire crypto market, and this week’s BTC options expiry could play a decisive role in pushing the Bitcoin price under $26,000.
Ether could eventually run afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level.