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$Strategy (MSTR.US)$ Some analysts are warning that Bitcoin...
Some analysts are warning that Bitcoin’s price could surge in coming days as options traders who bet on a decline in the cryptocurrency’s price are forced to buy BTC to cover potential losses. With Bitcoin rallying more than 30% since the November 5 U.S. election, many options traders who bet on a decline in the price are in the red and facing losses as the month closes out.
Options traders buying Bitcoin to stem their losses could push the price of BTC above the key threshold of $100,000, say some analysts. Bitcoin is currently trading at $96,125, having gained 132% so far in 2024. Crypto bulls are eagerly awaiting for the digital asset to rise above the $100,000 milestone.
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104167193 : source?
105044035 OP 104167193 : com/news/bitcoi...
72423057 :
72423057 : Options trading expires at the end of the month, and many bearish buyers want to close their positions, which may push up the price of Bitcoin, from the following website:
tipranks.com/ne...