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Bitcoin (BTC) Options Market Hints Major Downside Risks Over Next 3-6 Months

The world’s largest cryptocurrency Bitcoin (BTC) continues to face strong selling pressure. On Monday, May 23, the BTC price tanked 3% moving under $30,000 despite the U.S. equity market moving higher. Bitcoin continues to trade in the range of $28,500-$31,500 for a while now. Glassnode data shows that the BTC market has traded lower for

The post Bitcoin (BTC) Options Market Hints Major Downside Risks Over Next 3-6 Months appeared first on CoinGape.

Source: coingape.com