“A typical indicator is the implied probability distribution: whether it is MSTR, COIN or Deribit’s BTC options, the implied probability distribution of different expiration dates has shown a significant left shift,” Griffin Ardern, head of options trading and research at crypto financial platform BloFin, told CoinDesk in a Telegram chat. “It seems that traders have an implied consensus that the prices of BTC and altcoins are still high, and more pullbacks may be on the way.”
Related posts
-
Bitcoin Price Repeating December 2023’s Playbook: Is The ‘Actual Breakout’ Yet To Come?
Bitcoin (BTC) tries the $100,000 support zone after falling to $98,000 during the recent market shakeout.... -
All Eyes on Trump: Bitcoin Crash Could Pave the Way for a Historic Rebound in 2025
Bitcoin (BTC) recently hit an all-time high of $108,364, only to tumble to $92,118 within three... -
Michael Saylor is willing to advise Trump on the crypto policy
MicroStrategy Inc. co-founder and executive Chairman Michael Saylor says he is willing to advise Trump on...