Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
BTC Options Sold at $90K and $100K Strikes, Threatening Bitcoin's Bullish Momentum

BTC Options Sold at $90K and $100K Strikes, Threatening Bitcoin's Bullish Momentum

CointimeCointime2024/11/11 14:11
By:Cointime

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.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!