Bitcoin options market sees bullish shift amid rising call options volume

exchange68September 12, 2024

0 0 2 minutes read

Recent analysis has unearthed a significant divergence in the Bitcoin options market. With a current put/call ratio of 0.61, traders appear to be leaning towards call options, signaling a potential bullish sentiment. However, this low ratio also uncovers a considerable number of traders hedging their bets against possible price pullbacks – highlighting the volatility and risk inherent to the cryptocurrency market. But what does this complex mixture of optimism and caution mean for the future of Bitcoin options? The answer might surprise you…

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