Bitcoin bullish bets now a bargain as 7% weekly loss underlines bearish trend
Yahoo Finance·2026-01-27 20:29
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market feels extra slippery after bitcoin (BTC) fell 7% last week, its biggest loss in two months. Yet hope glimmers in bullish derivative bets, now at bargain prices. The drop pushed prices below the steady uphill path, a "bullish trendline" as technical analysts call it, that held the stair-step rise from 126,000 last October. The pattern reinforces concerns sparked by bitcoin's sharp pull back fr ...