BTC Options Sold at $90K and $100K Strikes, Threatening Bitcoin's Bullish Momentum
Dealers have reportedly purchased BTC options at $90,000 and $100,000 strikes on Deribit, as per Amberdata. The cryptocurrency's rally could lose momentum if it reaches those levels. Despite bitcoin's ongoing surge, there is a possibility that it may be rangebound above $90,000 due to a potential force that could slow its ascent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
