The Currency analytics

Bitcoin’s Short-Term Upside May Be Limited Despite Long-Term Bullish Outlook

By Maheen Hernandez

Bitcoin is navigating a period of subdued momentum following last week’s historic market shake-up, with traders and analysts noting that near-term upside may b…

Last Friday, Bitcoin experienced a rapid 17% drop in just a few hours, wiping out roughly $20 billion in leveraged positions. The event, now referred to as “Bl…

While BTC bounced back to trade around $113,500, up slightly from intraday lows, analysts note that the recovery has been slow and restrained. Market participa…

Options metrics suggest that Bitcoin’s short-term upside may be constrained. According to Hendrik Ghys, founder of futures and options exchange Thalex Global, …

Implied volatility—a key measure of expected future price swings—has repriced downward, dropping into the low 40% range for short-term horizons and around 45% …

Market makers, who were previously long gamma heading into the Black Friday crash, remain in that position. In practice, this means they must sell into rallies…

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