Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

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Source: Coindesk.com

Options trading desks saw heavy buying activity for BTC calls with June expiry. BTC "ready to squeeze higher" with some $1.5 billion worth of shorts concentrated around the $72,000 that can be liquidated, Matrixport noted.

Bitcoin (BTC) options traders are increasingly positioning for the asset to hit fresh record prices this

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The post "Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices" appeared first here Coindesk.com.

Source: Coindesk.com

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