Articles for tag: bearish sentiment, Bitcoin, Cryptocurrency, Federal Reserve, market correction, options trading, price prediction

December 17, 2024

Bitcoin Traders Shift Focus as Options Data Reveals Decreased Interest in Price Rallies

Bitcoin has recently hit a new high, surpassing $107,000, following positive news about a potential U.S. bitcoin reserve. Despite this rally, traders in the options Market seem less eager to chase the rising prices, indicating a cautious outlook. Current trading data shows a preference for protective put options, with bearish sentiments reflected in recent trades ...

December 17, 2024

Market News

Crypto

High Volume Put Options Surge for BlackRock’s Bitcoin ETF: What the $30-$35 Levels Mean for Investors

Recent activity in put options for BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, with more than 13,000 contracts for $30 out-of-the-money puts being traded. Despite this surge, experts suggest that this may not indicate a bearish outlook. Much of the trading volume reflects a strategy called “cash-secured put selling,” where traders aim to ...