Category: Cryptocurrency news

What Is Bitcoin’s Next Target? There Is a Significant Concentration of Gamma at a Certain Price Level

Glassnode reported that Bitcoin ($BTC) has retreated to a critical support zone after retesting its February lows. According to the analysis, while the $BTC price remains near important technical levels, the pricing of future uncertainty in the options market has weakened significantly. Data shows that Bitcoin’s one-week implied volatility has fallen from approximately 60% to […]

Bitcoin (BTC) Still on a Knife Edge! Options Bulls Expect This Level in the Short Term!

The prolonged negotiations between the US and Iran, coupled with the Federal Reserve’s (FED) tight monetary policy messages under new chairman Kevin Warsh, and decreased appetite for risky assets, caused Bitcoin to fall. However, according to the data, the decline in Bitcoin is not over, and preparations for a $52,000 level have begun. According to […]