Comment on Option traders increase bets on Bitcoin reaching $80,000 high by November

Option traders increase bets on Bitcoin reaching $80,000 high by November

According to reports, options traders are increasing bets that Bitcoin will reach a record high of $80,000 by the end of November. This isn’t expected to be impacted by the winner of the upcoming US presidential election. It was on Tuesday (October 22) when Bloomberg shared the news of the increasing bets despite November being a month of change in the United States. “The implied volatility for Bitcoin options coming due around the Nov.

 

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