Crypto Blog
Moreover, crypto markets have been tanking hard all week, with Bitcoin poised to lose its psychological price level of $60,000.Today’s expiring batch of BTC contracts has a put/call ratio of 0.63, which means there are almost twice as many call contracts expiring as puts .
Just $453 million in OI is at $60,000, which is closer to the maximum pain point and current spot prices.that despite the “extreme panic spreading in the market” this week, with BTC losing $60,000 and ETH losing $3,000, major term options implied volatility is falling significantly. It added, “With Bitcoin’s long strength still intact and halving just this Saturday, the bulls still need Bitcoin to lead this month.”
France Dernières Nouvelles, France Actualités
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