Bitcoin Futures Premium and Options Bets Highlight a Surge Towards $80K
The Surge towards $80K: Futures Premium Insights
As Bitcoin moves closer to the psychological threshold of $80,000, the market is witnessing an unprecedented surge in futures premiums. The level topped $79,500 during the Asian trading hours, reflecting intense bullish sentiment among traders.
Options Bets: Unlocking Market Potential
With $1.6 billion locked in options bets, the popularity of the $80,000 call on Deribit highlights potential dealer hedging strategies surrounding this critical level. This robust interest is a clear signal that traders are positioning themselves for possible dramatic price shifts.
- BTC topped $79,500 during the Asian hours.
- Futures premiums soar, indicating a bias for bullish bets.
- The popularity of the $80,000 call on Deribit points to potential dealer hedging around the key level.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.