Source: Coindesk.com
Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000. Analysts said the path of least resistance for bitcoin is on the higher side.
Bitcoin's (BTC) renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.
Read More https://www.coindesk.com/markets/2024/05/07/bitcoin-rebound-has-crypto-options-traders-anticipating-100k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Bitcoin Rebound Has Crypto Options Traders Anticipating $100K" appeared first here Coindesk.com.
Source: Coindesk.com