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Signals From The Bitcoin Options Market - Is A Price Drop Coming?

It has been a bumper beginning of the year for Bitcoin with the price pushing past US$20,000 and delivering double-digit percentage gains in the last 2 weeks. But... in the BTC options market there is a confluence of put...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Signals From The Bitcoin Options Market - Is A Price Drop Coming?
It has been a bumper beginning of the year for Bitcoin with the price pushing past US$20,000 and delivering double-digit percentage gains in the last 2 weeks. But... in the BTC options market there is a confluence of puts forming around the US$14-15,000 price level. So what can Bitcoin options data tell us about market sentiment and potential BTC price movement?

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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