Bitcoin traders see 53% odds of sub-$66K BTC by April 24

Bitcoin traders are currently estimating a 53% probability that the cryptocurrency will drop below $66,000 by April 24. This sentiment reflects concerns over market volatility and potential regulatory impacts. The analysis is based on options pricing, which indicates traders are hedging against a downturn. As of now, Bitcoin is trading around $69,000, suggesting a cautious outlook among investors. The market remains sensitive to economic indicators and developments in the crypto regulatory landscape.

Read the full article: Coin Telegraph

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