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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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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, 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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