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CoinGape
2023-12-07 04:46:33

Option Traders Betting on Bitcoin (BTC) Price at $50,000, Key Levels to Watch

Option Traders Betting on Bitcoin (BTC) Price at $50,000, Key Levels to Watch

Amid Bitcoin’s recent price rally to $44,000, Bitcoin option traders have turned bullish expecting the Bitcoin price to touch $50,000 by the end of January 2024. The traders have pinned their hopes on the approval of the spot Bitcoin ETF likely in the first ten days of 2024. Traders Choosing Bitcoin Options for January 2024 The post Option Traders Betting on Bitcoin (BTC) Price at $50,000, Key Levels to Watch appeared first on CoinGape .

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