Bitcoin price dips below $30K but here’s why pro traders are still bullish

Bitcoin price dips below $30K but here’s why pro traders are still bullish

Data show pro traders are still bullish even as Bitcoin price dips below $30,000 and Friday’s $4 billion BTC options expiry approaches. In the last 24-hours Bitcoin (BTC) price dropped 10% today to test the $30,000 support. This drop below what traders have described as a ‘key’ support occurred just two days ahead of this month’s futures and options expiry. Despite the record-high $4 billion options expiry being just two days away, both bull and bear sides traded similar sizes today.Unlike futures contracts, options are divided into two segments. Call (buy) options allow the buyer to....


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