Month: June 2022

Bitcoin Options Provide A Safer Method To Traders

BTC price is still fluctuating widely, giving options traders a chance to apply the Iron Condor approach. Bitcoin (BTC) last traded above $50,000 on December 27, 2021. Four months have passed since then, but traders still appear to be relatively confident that inflation has reached the right level to spark the adoption of cryptocurrencies. Theoretically, …

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How Experienced Traders Make Money In A Sideways Market With Bitcoin Options

Perhaps if the price of BTC may be stabilizing or even hitting a short-term high, professional traders continue to use options to make money. Although fluctuations in the price of Bitcoin (BTC) may be tough to forecast, there is a method that is regularly employed by professional traders that offers great returns at low expense. …

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Smart Options Approach For Bitcoin Traders

Professional traders frequently employ the risk reversal options technique to protect their investments and benefit in the event of a sudden upturn. Early in January, Bitcoin (BTC) entered an upward channel. Order book experts detected “strong purchasing pressure” and stated that, despite the sideways trade near $40,000, the general bearish attitude may be reaching its …

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Traders Who Bet Against Crypto Equities Made $4 Billion

Short-sellers have profited from the cryptocurrency slump. Bets on firms like Coinbase (COIN) and Microstrategy (MSTR) have proven to be profitable as cryptocurrency-related stocks have plunged during a widening meltdown in the market. As of June 14, short-sellers in the crypto industry have made mark-to-market profits of nearly $3.8 billion, according to S3 Partners. So …

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Bitcoin Trades Below $21,000, Traders Foresee A ‘Long Consolidation’ Phase

Following Bitcoin’s recent decline to 2017 highs, analysts predict a protracted period of consolidation and accumulation for the whole crypto market. On June 16, crypto traders received a small respite from the persistent selling that had pounded Bitcoin (BTC) and the wider market over the previous week, as despite a continued sell-off in the conventional …

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