XPRIMECAPITAL

Bitcoin price hits $32K but derivatives metrics still show signs of weakness

Crypto Currencies

July 22, 2021

After two months of struggling to sustain the $30,000 support and finally losing it on July 20, the futures premium and options skew turned bearish. Even PlanB's stock-to-flow valuation model was not expecting prices below $30,000 for the current month. The model uses the stock-to-flow ratio, which is defined by the current number of Bitcoin in circulation and the yearly issuance of newly mined Bitcoin.

MacPro

Browse The Full Range Of Platforms

Trade hundreds of financial assets in one and single trading platform with almost zero spreads and zero commissions.

About Us

Trade Anywhere, Anytime

XPrime Capital brings you the forex expertise of last two decades. You can trade any asset, any time, any where. This is our vision. That is why, we want you to take the advantage of our mobile multi-asset platforms. XPrime Capital experienced and well qualified Trading Advisors are ready to guide you and teach you.

XPrime Capital knows what you need and promises to deliver the best!

Invest Responsibly:

Trading CFDs involves significant risks.