Source: CryptoSlate ↗
Bitcoin traders ran out of excuses for the market’s flatline – and now a $2.5 billion bet is running out of time
What the source reports
Traders spent most of July with a pretty good explanation for why Bitcoin wouldn't move. A dense cluster of options contracts had the price boxed in, they argued, because the dealers who sold those contracts were buying every dip and selling every rally to keep their own books balanced. Clear the contracts away, and Bitcoin […]The postBitcoin traders ran out of excuses for the market’s flatline – ...
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Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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