Oleh ZyCrypto - 2 tahun lalu - Waktu Membaca: 2 menit
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 harga. Itu kedaluwarsa opsi BTC secara historis selalu membawa volatilitas.
Sebagian besar opsi bulanan ini – atau total $2.6 miliar, diselesaikan di pasar derivatif terbesar Deribit.
Beruang perlu menurunkan harga di bawah $57,000 di tempat pembuangan ini atau mereka akan kehilangan banyak uang, yang mereka lakukan. Meskipun bulls berjuang harga ke $59,000 yang berarti pada Kamis malam untuk menyelamatkan dari kerugian besar dan kuat menjelang berakhirnya kontrak, harga turun ke level $57,500 pada Jumat pagi dan lebih jauh ke bawah.
Grafik BTCUSD Dengan 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.
Penurunan juga bertepatan dengan pengakuan PlanB – pendukung populer model harga BTC Stock-To-Flow yang memperkirakan $100,000 pada akhir tahun ini. Dia menyatakan bahwa Harga BTC kemungkinan tidak akan mencapai $98,000 pada akhir November seperti yang diperkirakan sebelumnya. Namun, menurut dia, model tersebut masih belum terpengaruh dan harganya masih bisa mencapai angka $100,000 pada akhir tahun.
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.
Sumber asli: ZyCrypto