Has Bitcoin reach its peak? Blackrock Bitcoin Spot Etf (Ibit) merchants lose appetite for the increase

Bitcoin

Mainly exchanged aside since the printing of records greater than $ 110,000 last week.

The loss of the upward momentum is now accompanied by entertainment signs of the bullish feeling among the negotiation options of market players linked to the BlackRock Bitcoin Fund on Bitcoin Exchange (ETF).

This is obvious from the bias of a year, which reflects the way in which market prices for volatility for sales options, offering downward protection compared to calls, representing bullish bets. Negative values ​​represent a bias bias while positive values ​​suggest fears of decline.

The bias of a year of Ibit has rebounded almost zero compared to the lowest of four months by less than 3.8 weeks ago, according to the data source market. In other words, Ibit options do not run backwards via options.

Maybe they are waiting for a decline. A similar mood is obvious in the designed drip options where the bias of the short -term call has weakened, which means that the calls expired in the next two weeks are negotiated with equality with the Put, according to the source of Amberdata data.

Find out more: The range of $ 105,000 in Bitcoin at $ 105,000 in focus as $ 10 billion in BTC options to looms

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