Autor ZyCrypto - 2 aastat tagasi - Lugemisaeg: 2 minutit
Bitcoin Risks Crashing Below $50,000 As $3 Billion BTC Options Expire On Black Friday
Bitcoin may be a hot topic for discussion on dinner tables today at Thanksgiving but not for the very best reasons – the crypto is down from a high of $59,258 to the current rate of $54,738. A total of $3.2 billion worth of Bitcoin options are set to expire today being Black Friday, and this has sparked an increased bearish momentum and volatility.
The volatility and the bearish trend were expected as the majority of the buys were put options. With a highly positive put-call skew, the trend was favoring a bearish trend before contract expiry. Those holding put options were expected to sell in order to get the profits from their options before the 73,702 contracts expired, which definitely puts more selling pressure on the Bitcoin hind. The BTC optsioonide aegumine on ajalooliselt alati toonud volatiilsust.
Enamik neist igakuistest optsioonidest – ehk kokku 2.6 miljardit dollarit – arveldati suurimal tuletisinstrumentide turul Deribit.
Karud pidid selle prügimäe hinna langetama alla 57,000 59,000 dollari, vastasel juhul oleksid nad kaotanud tohutu summa raha, mida nad ka tegid. Hoolimata sellest, et härjad võitlesid neljapäeva õhtul hinna tähendusliku 57,500 XNUMX dollarini, et säästa lepingu lõppemise ajal suurtest kahjudest, langes hind reede hommikuks XNUMX XNUMX dollarini ja veelgi allapoole.
BTCUSD diagramm Autor TradingViewIt is expected, however, that Bitcoin price will resume recovery after today following the contract expiry. However, the psychological level to beat for the bulls remains $60,000.
Langus langeb kokku ka PlanB – Stock-To-Flow BTC hinnamudeli populaarse pooldaja – nõusolekuga, kes ennustas selle aasta lõpuks 100,000 XNUMX dollarit. Ta väitis, et BTC hind ei jõua novembri lõpuks tõenäoliselt 98,000 XNUMX dollarini, nagu varem ennustati. Mudel on tema sõnul aga endiselt mõjutamata ning aasta lõpuks võib hind siiski jõuda 100,000 XNUMX dollari piirini.
It also comes in the wake of tapering volumes. In fact, retail interest for Bitcoin as witnessed in the Google searches, for instance, has fallen to levels they were back in 2017.
Algne allikas: ZyCrypto