Bitcoin Call Options Signal Investor Optimism for Breaking $74,000 Barrier

Posted on the 06 June 2024 by Techloot @tech_loot

Data on bitcoin options’ open interest suggests a bullish outlook for the price of the world’s top cryptocurrency. Many bitcoin enthusiasts are speculating that the price of bitcoin, the largest digital currency, could surge beyond $74,000 this month, according to analysts at QCP Capital. They have been analyzing call option data to gauge the optimistic sentiment around the leading cryptocurrency...

Source