Cryptocurrency Derivatives Series: Bitcoin Reclaims $7k But Put/Call Ratio Signals Rallies Unlikely To Prolong

Bitcoin (BTCUSD at Coinbase) price has been stabilized and regained the buying sentiments amid the struggle of the financial markets due to pandemic outbreak. The price of bitcoin has now reclaimed $7,000 levels. Technically, the minor trend of this pair takes-off well above 7-DMAs upon hammer pattern occurrence at $5,037.61 levels. On the …Bitcoin (BTCUSD at Coinbase) price has been stabilized and regained the buying sentiments amid the struggle of the financial markets due to pandemic outbreak. The price of bitcoin has now reclaimed $7,000 levels. Technically, the minor trend of this pair takes-off well above 7-DMAs upon hammer pattern occurrence at $5,037.61 levels. On the …Read More