Crypto

Signals from the bitcoin options market – Is a price drop coming?

[ad_1]

It has been a bumper beginning of the year for bitcoin. The price of the asset has pushed passed US$20,000 and has enjoyed double-digit percentage gains in the last fortnight. There is a confluence of puts forming around the US$14-15,000 price level. These bearish bets are likely by bleak economic forecasts for 2023. Which way will the price move next?

[ad_2]

Source link

Related posts

RociFi Launches Under-collateralized Credit Protocol On Polygon

Charles Sylva

Mina Protocol – the privacy and security layer for Web3

Charles Sylva

RociFi and CyberConnect Announce Partnership

Charles Sylva