Options traders bet big on Bitcoin reaching $120K despite low odds

The size and popularity of the Bitcoin options market have made it one of the best tools for gauging market sentiment and predicting volatility. Previous CryptoSlate analysis found that options wielded an outsized influence over Bitcoin’s price volatility and were responsible for most of the volatility we’ve seen this quarter. Options data has shown a … Continue reading Options traders bet big on Bitcoin reaching $120K despite low odds