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Bitcoin’s options skew suggests traders are anticipating a sharp decline Bitcoin’s options skew suggests traders are anticipating a sharp decline
This article is more than 2 years old...

Bitcoin’s options skew suggests traders are anticipating a sharp decline

with insights from Skew Glassnode

Bitcoin’s consolidation trend at the lower boundary of its long-held trading range isn’t showing any signs of letting up anytime soon.

Bitcoin’s options skew suggests traders are anticipating a sharp decline

Photo by Jay Heike on Unsplash

Bitcoin’s consolidation trend at the lower boundary of its long-held trading range isn’t showing any signs of letting up anytime soon.

This isn’t stopping options traders from growing increasingly cautious that a downside movement is imminent, however, as short-term BTC options skew has been caught within a firm uptrend over the past week.

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