Bitcoin

Delta

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/record-breaking-active-bitcoin-supply-in-the-market/" data-wpel-link="internal">Record-Breaking Active Bitcoin Supply in the Market</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/what-is-halving/" data-wpel-link="internal">Bitcoin</a>‘s (<a href="https://en.coin-turk.com/short-term-bitcoin-investors-start-profitable-trading-an-insight-into-on-chain-data/" data-wpel-link="internal">BTC</a>)</strong> recent price increase has become a beacon of hope for many investors. Meanwhile, as the cryptocurrency community awaits the potential introduction of exchange-traded funds (ETFs), an increasing number of investors are taking strategic measures to mitigate risks in the evolving market environment.</p> 
<h2 id="market-dynamics-in-btc">Market Dynamics in BTC</h2> 
<p style="text-align: justify">The rise in sell orders poses a significant challenge for buyers, making it increasingly difficult for buyer bids to effectively surpass this critical range. The main question is whether this concentration of sell orders indicates a resistance level in the market. In response to this market dynamic, analysts are adopting cautious strategies to navigate the evolving environment.</p> 
<p style="text-align: justify">Moreover, the mounting difficulty caused by the accumulation of sell orders may lead to a reassessment of Bitcoin’s potential impact on its growth trajectory. Investors are actively adjusting their positions to adapt to the current challenges by anticipating evolving market conditions. A significant indicator of market sentiment is the put-call ratio surrounding <strong>Bitcoin</strong>. In recent days, this ratio has seen a slight decrease from 0.48 to 0.46.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-296375 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/btcc.png" alt="" width="2048" height="693"></p> 
<h2 id="critical-metrics-in-bitcoin">Critical Metrics in Bitcoin</h2> 
<p style="text-align: justify">More information about the market dynamics of the leading <strong>cryptocurrency</strong> can be obtained from the significant decrease in the 25-day delta skew over the past few weeks. In the context of <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">financial</a> markets, the 25 delta skew refers to the volatility skew for options with a 25% delta. Delta measures the sensitivity of an option’s price to changes in the price of the underlying asset. A negative 25 delta skew indicates a higher probability of downward price movements. As of the latest market update, Bitcoin is trading at $42,544.09, reflecting a slight decrease of -1.13% over the past 24 hours.</p> 
<p style="text-align: justify">Looking at on-chain metrics, Bitcoin’s MVRV ratio had fallen despite remaining relatively high. This suggests that the market is experiencing some degree of profit-taking, yet a significant number of addresses still hold <strong>Bitcoin</strong> at profitable levels. Additionally, the growth in daily active addresses indicates ongoing interest and participation in the Bitcoin network, which could contribute to its overall resilience.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/record-breaking-active-bitcoin-supply-in-the-market/" data-wpel-link="internal">Record-Breaking Active Bitcoin Supply in the Market</a></h5>

Record-Breaking Active Bitcoin Supply in the Market

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