Bitcoin futures are trading below the cryptocurrency's spot price, signaling market participants have a bearish outlook on bitcoin over the coming months.
If bitcoin breaks above a key moving average, it could be considered a sign a bearish-to-bullish trend change has begun.
LedgerX is launching LXVX – a "Bitcoin Fear Index" similar to the VIX, a popular volatility benchmark in the stock market.
Bittrex is launching an OTC trading desk with support for nearly 200 cryptocurrencies, aiming to fill a demand among select customers.
After breaching key support on Sunday, emboldened bears could soon push bitcoin prices back towards $3,100.
Bitcoin’s price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100.
The price of bitcoin fell more than 10 percent during Thursday's trading session as it erased much of its recent gains.
Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices.
The difference between long and short positions placed on bitcoin is at its highest level since Aug. 5.
With the bitcoin market showing signs of indecision, prices could soon retreat back below $4,000.