Bitcoin Options Market Isn't Buying BTC Price Weakness, Shows Bias for $100K Calls

Demand for calls at $100K suggests traders preparing for a renewed rally into 2025, according to one trading firm.

Still, the flow in bitcoin options listed on leading exchange Deribit has been biased toward call options at levels well above the cryptocurrency's going market rate, perhaps a sign sophisticated investors expect the ongoing price weakness to set the stage for a more extensive run higher. A call option gives the purchaser the right but not the obligation to buy the underlying asset, BTC, at a predetermined price at a later date. A call buyer is implicitly bullish on the market.The chart shows the most active bitcoin options on Deribit over the past 24 hours. The activity has been mostly concentrated in June expiry calls at $65,000, $68,000, and $70,000, July expiry call at $110,000 and December expiry call at $95,000.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bitcoin and ether options implied volatility forecasts lackluster market in June: analystsAnalysts noted, however, that a sluggish market could be caught off guard by a bullish move in ether if spot ether ETF trading begins sooner than expected.
출처: TheBlock__ - 🏆 464. / 53 더 많은 것을 읽으십시오 »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto marketBitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias.
출처: FXStreetNews - 🏆 14. / 72 더 많은 것을 읽으십시오 »