Analysis Crypto by Thebittimes.Com

The Binance Coin price prediction seems to be caught between the bull and the bear as the price remains within the moving averages. Binance Coin Prediction Statistics Data: Binance Coin price now – $274.5 Binance Coin market cap – $43.9 billion Binance Coin circulating supply – 159.9 million Binance Coin total supply – 159.9 million Binance Coin Coinmarketcap ranking – #4 BNB/USD Market Key Levels: Resistance levels: $300, $310, $320 Support levels: $250, $240, $230 BNB/USD has been showing an uneven movement with several falls more than rises, and it has not been able to maintain a consistent bullish run. However, the coin may show some signs of upward movement if it crosses back above the 21-day moving average. Meanwhile, for the past few days, the market has been forming a pattern where the day begins with either a bullish or bearish, but towards the end, it reverses. Binance Coin Price Prediction: BNB Price May Head to the North The Bina...

The crypto market has been devoid of volatility lately. Over the past fortnight, The price of Bitcoin has mostly been hovering around the $19k mark. After noting a mere 0.4% gain on the daily, the largest crypto was trading at $19212.9 at press time. Bitcoin’s upcoming options expiry In a day’s time, Bitcoin worth approximately $538 million is set to expire. At the moment, most traders are bearish, for the puts overshadow the calls. The call OI on Thursday for October 21’s expiry stood at 12,272.4 BTC at press time. The put OI, on the other hand, stood at 15,728.8 BTC. Resultantly, the call/put ratio stood under 1, at 0.78. Source: Coinglass As illustrated below, most bearish bets have been placed at the strike price of 19k and lower, while the call bets have been placed towards the upside. For context, at $19k, the call OI stood at merely 678.49 BTC, while the put OI stood at 2.11k BTC. Conversely, at $19.5k, the call OI stood at an elevated 1.49k BTC wh...