Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

The implied probability distribution is skewed to the left, suggesting expectations for price pullback.price struggles to secure a foothold above $90,000, developments in the Deribit-listed options market tied to the cryptocurrency resemble patterns that foreshadowed the recent price slide in the Trump media shares.

Per data tracked by crypto financial platform BloFin, the implied probability distribution now shows a"left shift," suggesting that the market participants see a higher probability of BTC trading at lower prices from here. Ardern added that a similar left shift was seen in the DJT options market, presaging the recent price slide. The share price has halved to $27 in just over two weeks, according to charting platform TradingView. DJT surged to a high of $54 at the end of October, as markets priced in a potential victory of Republican candidate Donald Trump's victory in the U.S. election held on Nov. 5.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 291. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Market Watch: Solana and Tron Defy Weekly Market Sentiment, Bitcoin Shaky at $67KCrypto Blog
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »

APT, UNI Chart Gains Amid Market-Wide Correction, BTC Shaky at $67K (Market Watch)Crypto Blog
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »