Bitcoin has a 30% chance of falling below $80,000 by late June, options data suggests
Options data indicates that Bitcoin has a 30% probability of dropping below $80,000 by late June. This assessment is based on the current market sentiment and trading patterns observed in Bitcoin options. Analysts are closely monitoring these trends as they could influence investor behavior and market volatility. The potential decline raises concerns among traders about the cryptocurrency's short-term stability. Overall, the options market reflects a cautious outlook for Bitcoin in the coming months.
Read the full article: CoinDesk