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Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed -Breaking

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Bitcoin is it ‘cheap,’ less than $40,000 BTC derivative metrics can be mixed

(BTCOn April 18, a dip below $40,000 was recorded. The two-week 15% correction sufficed to bring about Prices for the future predicted at $30,000In the immediate future.

Investors are still concerned about the regulatory environment, which includes the failure of the European Union. Know Your Customer (KYC), and Anti-Money Laundering. proposed rules for ”unhosted” private wallets. For example, just last week exchanges demanded additional information from their users. This caused discomfort for traders.

OKEx USDT/BTC margin lending ratio. Source: OKEx
Bitcoin options for 30-days show a 25% delta skew. Source: Laevitas.ch