Bitcoin Price Forecast: BTC Traders Bet on Sub-$80K New Year: Derive
Bitcoin BTC$86,995.20 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,” Nick Forster, co-founder of Derive, said in a market note....
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