Bitcoin options tantalizing bears to push price below $30K before Friday’s expiry
Bitcoin bears are closing in on a rare win as they have the advantage in this week’s $600 million BTC options' expiry.
Auto Added by WPeMatico
Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry
BTC staged a small relief rally, but securing $41,000 is the key to determining whether or not the current sell-off has ended.
Here’s a clever options strategy for cautiously optimistic Bitcoin traders
Pro traders often use the risk reversal options strategy to hedge their bets and profit in the case of an unexpected rally.
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price.
Bears apply the pressure as Bitcoin price revisits the $41K ‘falling knife’ zone
Bitcoin traders say $43,600 needs to be regained to restore the bullish uptrend, but BTC futures and options data are showing signs of distress.