Bears intend to keep Bitcoin price below $ 43,000 until the $ 700 million expiry expires on Friday by Cointelegraph
(BTC) has been trading in a descending pattern since its strong rejection of $ 53,000 on September 7th $ 3.4 billion futures The liquidation of contracts along with China’s ban on crypto trading appear to have severely affected traders’ morale.
Large crypto exchanges such as Binance and Huobi ceased some services in mainland China and closed some of the largest mining pools like Sparkpool and BeePool completely.
Bitcoin price in USD at Coinbase (NASDAQ :). Source: TradingView Bitcoin Options Aggregate Open Interest for October 1st. Source: Bybt.com
Read more on Coin Telegraph
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.
Fusion Media or any other person involved in Fusion Media assumes no liability for any loss or damage that may arise from reliance on the information contained on this website, including data, prices, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.