Bitcoin bears have a $340M lead heading into Friday’s BTC options expiry
$1.55 billion in Bitcoin options are set to expire on April 23 and the recent BTC crash to $51,000 has given bears a $340 million advantage. Go to Source Powered by WPeMatico
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$1.55 billion in Bitcoin options are set to expire on April 23 and the recent BTC crash to $51,000 has given bears a $340 million advantage. Go to Source Powered by WPeMatico
The open interest on bearish put options has risen to $2.52 billion as traders look for protection against a BTC price drop to the $40,000 to $50,000 range. Go to Source Powered by WPeMatico
Derivatives exchanges now offer $100,000 to $300,000 Bitcoin call options but how keen are pro traders to take the bait? Go to Source Powered by WPeMatico
A number of options traders are betting that bitcoin prices will tap $80,000 by May 2021. Meanwhile, over 100,000 bitcoin options worth more than $6 billion are set to expire on Friday, smashing the previous record expiry seen in January. $6 Billion in Bitcoin Options Set to Drop, April Bets Target $80,000 per Bitcoin Today … Read more
On-chain data points toward a bullish future for Bitcoin despite today’s sell-off to $50,400. Go to Source Powered by WPeMatico
BTC held the $50,000 support while derivatives indicators remained healthy, signaling investors’ optimism. Go to Source Powered by WPeMatico
Bitcoin price briefly rallied above $60,000 but analysts say bulls are holding dry powder until after the March BTC futures expiry. Go to Source Powered by WPeMatico
Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums. Go to Source Powered by WPeMatico
Hate being liquidated? Here’s how traders use the Long Butterfly options strategy to generate profits with less downside risk. Go to Source Powered by WPeMatico
Eventually, Bitcoin price will run into overhead resistance. Here’s how pro traders use options to profit from and protect against downside moves. Go to Source Powered by WPeMatico