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Bitcoinโ€™s options skew suggests traders are anticipating a sharp decline

Bitcoinโ€™s consolidation trend at the lower boundary of its long-held trading range isnโ€™t showing any signs of letting up anytime soon.

Bitcoinโ€™s options skew suggests traders are anticipating a sharp decline

Photo by Jay Heike on Unsplash

Bitcoinโ€™s consolidation trend at the lower boundary of its long-held trading range isnโ€™t showing any signs of letting up anytime soon.

This isnโ€™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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