Whispers from Options - BTC

CME:BTC1!   Bitcoin CME Futures
We observe weakness/Bears dominating BTC market recently. Options Sentiment Indicator is giving mixed signals (overall we see bullish sentiment from Options traders but more volume is within PUT options still).

  • 4 Virgin VPOCs are awaiting retest and are located above current price in comparison to 1 VPOC below current price - Bullish pressure
  • area of 46000 is major/key level, worth observing
  • from Options OrderBook of contracts expiring in 26 days (28th January 2022) - there are no strong resistance levels (!!) - Bullish pressure. However major support levels (a lot of CALL orders awaiting) are relatively low - 35,36 k
  • on H4 we see multiple Demand Signals coming from VSA Scanner software near 46 000 level

AI calculated Levels based on Darkpool and Options market data
Automatic Scanner of Supply & Demand on the market - VSA Scanner with a taste of AI ;)

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.