Bitcoin has been moving up and down but thus far this year it's bullish since it has increase from its low this year.
We can't say people or businesses are losing confidence to bitcoin because we've see in the past that bitcoin has struggle many times and yet it has able to create hype and that resulted to a good price right now.
from less than a dollar to $7K now, how do you explain that?
Topic: Options Market is Losing Confidence in Bitcoin,This Could Spell Trouble for 2020 - page 2. (Read 292 times)
December 26, 2019, 10:47:42 PM
December 26, 2019, 10:44:25 PM
Bitcoin (BTC) has been able to incur some tempered bullishness today after a multi-day period of hovering around its support at $7,200. Today’s slight gains have come about in the face of a strong down trend, however, which could mean that these gains will ultimately prove to be fleeting and followed by further downside.
One factor that analysts are pointing to as support for the idea that the macro-bear trend is still far from being over is the fact that the options market is losing faith in BTC, which – in combination with other factors – could spell trouble for the crypto in the coming months.
Read more here
One factor that analysts are pointing to as support for the idea that the macro-bear trend is still far from being over is the fact that the options market is losing faith in BTC, which – in combination with other factors – could spell trouble for the crypto in the coming months.
Read more here
Bitcoin is still trading sideways.
If Bitcoin breaks the resistant price point of $7500 then only it can be termed as gain, which might happens next year in the month of January. Till then expect nothing from the markets.
December 26, 2019, 10:25:45 PM
Bitcoin (BTC) has been able to incur some tempered bullishness today after a multi-day period of hovering around its support at $7,200. Today’s slight gains have come about in the face of a strong down trend, however, which could mean that these gains will ultimately prove to be fleeting and followed by further downside.
One factor that analysts are pointing to as support for the idea that the macro-bear trend is still far from being over is the fact that the options market is losing faith in BTC, which – in combination with other factors – could spell trouble for the crypto in the coming months.
Read more here
One factor that analysts are pointing to as support for the idea that the macro-bear trend is still far from being over is the fact that the options market is losing faith in BTC, which – in combination with other factors – could spell trouble for the crypto in the coming months.
Read more here
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