BTC Options Sold at $90K and $100K Strikes, Threatening Bitcoin's Bullish Momentum
Dealers have reportedly purchased BTC options at $90,000 and $100,000 strikes on Deribit, as per Amberdata. The cryptocurrency's rally could lose momentum if it reaches those levels. Despite bitcoin's ongoing surge, there is a possibility that it may be rangebound above $90,000 due to a potential force that could slow its ascent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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