Dec 18 2021

Bitcoin Price Analysis: Despite the Bearishness, Onchain Might Suggest a Supply Shock

in blog CryptoPotato
original entryBitcoin Price Analysis: Despite the Bearishness, Onchain Might Suggest a Supply Shock

According to Reuters, the Russian central bank wants to ban investments in cryptocurrencies in the country. Following the bearish news, Bitcoin's price fell to near $48.5k in the spot market. In the options market the last 48 hours, many options traders sold Calls and bought Puts to hedge for the near- term expiries. Multi expiry skew […]

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