Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets tumble, but the worst is yet to come
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August 2022
#Bitcoin 30-day options 25% delta skew: Source: LaevitasData shows that the skew indicator has been ranging between 3% and 5% since Aug. 5, which is deemed to be a neutral area. Options traders are no longer overcharging for downside protection, meaning they might lack #excitement,
It is best for #investors to keep an invalidation at the $180 swing low until more evidence unfolds to support the macro thesis in the #weeks to come.
News backgroundAccording to CoinShares, net capital inflows into crypto funds slowed to $3m last week, with Ethereum accounting for the most investments at $16m. Funds investing in bitcoin lost $8.5m; those allowing shorting it faced $7.5m in outflows.
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