OTCbid - Here’s What Investors Think About the BTC Price Outlook Right Now, According to Bitcoin Options Markets
" Past data show that we are approaching one of the best times to buy Bitcoin.
"Bitcoin has tried and failed to break and hold above the $25,000 level now for five out of the last six days. Some technicians think that this isn’t necessarily a bad thing, as the world’s largest cryptocurrency by market capitalization is forming an ascending triangle structure that could proceed an explosion higher towards the next major resistance area around $28,000.
But others are worrying that this year’s rally that has seen the BTC price already increase close to 50% may be stalling. Pricing in Bitcoin derivatives markets is one way to gauge how investors feel on the outlook for BTC, as well as towards its potential for volatility. Here’s what options markets are saying right now…
Investors Neutral on the BTC Price Outlook
According to the widely followed 25% delta skew of Bitcoin options expiring in 7, 30, 60, 90 and 180 days, investors are currently roughly net neutral in their outlook for the Bitcoin price. According to data provided by crypto analytics firm The Block, all five 25% delta skews are close to zero, up substantially from last year’s immediate post-FTX collapse lows, but also down slightly from highs printed earlier this year in the year.
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122K BTC SELLER IN EUROPE
-6% Gross, -3% Net, Escrow, Fireblocks, Europe
NEW: 122K BTC @ -6% Gross, -3% Net, Escrow, Fireblocks, Europe - Look For Buyer
(Seller : GMEE...CRA-GAIL)
Seller has 120K+ BTC @ -6% Gross, -3% Net
Buyer = 3%
Buyerside = 1.5%
Sellerside = 1.5%
From Europe Associate:
" I have a Fireblocks seller who has 122k BTC already loaded. If you have a USDT buyer ready for swap pls let me know. I DO NOT talk to brokers or intermediaries so if you can’t bring mandate with buyer pls don’t bother. Thank you. "
BUYER MANDATE ONLY
Interested parties should contact :