The bitcoin BTC $114,295.47 bull, once confidently gazing into the future, is reconsidering its long-term bullish conviction. The cryptocurrency crystal ball is clouding over. A key indicator, the 180-day skew – which gauges the difference in pricing between long-term bullish (call) and bearish (put) options on Deribit – has flatlined, according to Amberdata. This collapse from a positive skew suggests …
Read More »Bitcoins Long-Term Bullishness Evaporates From Options Market as Inflation Concern Rises
