Express
Data: Options Market Indicates Key Price Levels for Bitcoin Next Stage at $135,000 and $140,000
Summary: According to analysts, the potential resistance level for Bitcoin is currently above $126,000. Data from the options market suggests that $135,000 and $140,000 could be key price levels for the next stage of Bitcoin. On the Deribit platform, data shows that $140,000 strike call options are the second most popular, with over $2 billion in ...
According to analysts, the potential resistance level for Bitcoin is currently above $126,000. Data from the options market suggests that $135,000 and $140,000 could be key price levels for the next stage of Bitcoin. On the Deribit platform, data shows that $140,000 strike call options are the second most popular, with over $2 billion in open interest contracts. This indicates that many traders expect the spot price to approach or surpass that level, and hedging and trading activities around that level could create resistance, making it harder for the price to break through.
Tags:
Link: Data: Options Market Indicates Key Price Levels for Bitcoin Next Stage at $135,000 and $140,000 [Copy]
