CoinMarketCap’s Post

According to one analyst, bitcoin options are signaling a bullish sentiment post-halving, evidenced by the strike positioning and put-call ratio for the end-of-month expiry in June. "The June expiry is a good gauge for halving sentiment and our charts shows much more upside positioning. The put-call ratio is significantly lower in June, at 0.28 versus 0.55 for March, and strike positioning is also higher," Deribit Chief Commercial Officer Luuk Strijers told The Block. A put-call ratio of less than 1 implies bullish sentiment, indicating more interest in potential upside (calls). In contrast to this, a put-call ratio greater than 1 typically suggests bearish sentiment, indicating more interest in downside protection (puts). #bitcoin https://lnkd.in/eR2WWc6k

🚀 Traders bet Bitcoin will beat its all-time high by the summer. 🚀 Bitcoin options traders are piling into bullish bets that pay off if the digital asset reaches record highs by then end of June, Adam Morgan McCarthy reports. The trades have flocked to bets that the price of Bitcoin will rise above $70,000 by June 28, according to data from derivatives platform Deribit. Some traders have even taken positions that Bitcoin will trade above $100,000 by the summer. The bullish bets come as demand for spot Bitcoin exchange-traded funds soars. Bitcoin ETFs attracted inflows of $2.45 billion during the week that began February 12, with 99% of inflows attributed to the US market alone. https://lnkd.in/eW4aEAKV

Bitcoin options traders are piling into bullish bets that pay off if the digital asset reaches record highs by then end of June. The trades have flocked to bets that the price of Bitcoin will rise above $70,000 by June 28, according to data from derivatives platform Deribit. Some traders have even taken positions that Bitcoin will trade above $100,000 by the summer. The bullish bets come as demand for spot Bitcoin exchange-traded funds soars.

Bitcoin has broken above $40,000 for the first time this year as it rides a wave of momentum on broad enthusiasm about US interest rate cuts and as traders anticipate the imminent approval of US-stockmarket traded bitcoin funds.

Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday: BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday.

🤑 Bittcoin Volatility Surges as Traders Flock to $75K and $100K Call Options 🤑 #Bitcoin #Traders #Options Full Article 🔽 https://lnkd.in/ej4d5NiB

Bitcoin traders are eyeing a $50,000 target amidst looming selling pressure from expiring options contracts. Data from CryptoSlate reveals that over $3 billion worth of bitcoin options are set to expire on July 14, potentially increasing selling pressure on the market. This comes as bitcoin prices have been range-bound between $22,000 and $24,000 since mid-June. […]

Bitcoin's trading patterns reveal market maturity! 2017 saw 30-40% corrections, now they're shorter, less severe. Traders, capitalize on the dips! https://lnkd.in/eggxMs9m #Bitcoin #BTC #Crypto #traders #dips

Just In: Bitcoin Traders Reduced Exposure Ahead of Halving: CryptoQuant >>> Regardless of the plunge in demand growth and open interest, Bitcoin is still in the bull market phase. https://lnkd.in/dKfXaipQ

Bitcoin traders are eyeing a $50,000 target amidst looming selling pressure from expiring options contracts. Data from CryptoSlate reveals that over $3 billion worth of bitcoin options are set to expire on July 14, potentially increasing selling pressure on the market. This comes as bitcoin prices have been range-bound between $22,000 and $24,000 since mid-June. […]