Bitcoin Options Market Turns Negative on Short-term BTC Price Outlook, But Longer-term Bullish Bets Remain
Investors have turned their most bearish on Bitcoin’s short-term price outlook in more than one month, according to options market data presented by crypto data analytics website The Block. However, at the same time, inv...
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However, at the same time, investors seemingly remain confident in BTC’s longer-term outlook.
The 25% delta skew of Bitcoin options expiring in seven days fell to around -2 on Friday, its lowest level since the 14th of March....
Read More: Bitcoin Options Market Turns Negative on Short-term BTC Price Outlook, But Longer-term Bullish Bets Remain
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