Reported 4 months ago
Bitcoin options traders are anticipating a significant breakout above $74,000, with calls for June expiries indicating a strong bullish sentiment and potential for new record prices. Heavy buying activity for BTC calls has been observed, suggesting a positive outlook in the options market. Strategies like call spreads and notable concentrations around the $72,000 level hint at a possible short squeeze and further price gains in the near future.
Source: YAHOO