Bitcoin returns to over $93,000.
Reminder: the current ATH is $93,434.
🌟 Today the trading of options on the bitcoin ETF issued by BlackRock began. According to Eric Balchunas, the volume of contracts has already reached hundreds of millions of dollars, which qualifies as “a ton for the first day.”
📈 Most of the contracts traded are call options, which is a sign of optimism. Notably, there is one contract expiring on December 20, betting on a possible doubling of the price of bitcoin in a month.
Read the full note 👈
Do you think the optimism in BlackRock's ETF options will lead Bitcoin to double its price in a month?
🔥 = It is likely if the current trend continues.
🤔 = It will depend on more catalysts in the market.
👎🏼 = It is unlikely.
