Bitcoin options market structure leans toward $60K retest in February
The Bitcoin options market is indicating a potential retest of the $60,000 price level in February. Analysts note that the current market structure shows a significant amount of call options, suggesting bullish sentiment among traders. Additionally, the open interest in Bitcoin options has increased, reflecting growing confidence in a price recovery. Market participants are closely monitoring key resistance levels as they anticipate potential price movements leading into the next month.
Read the full article: Coin Telegraph