🎉Blockchain industry news! 🎉
According to CoinDesk data, Bitcoin (BTC) fell more than 1% to $64,500 in the past 24 hours. 😮But don't worry! Bitcoin options trading on the Deribit exchange shows a bullish trend, favoring call options above the market price. 📈
QCP Capital said that in the past 24 hours, a large number of options with December and March expiration and strike prices of $90,000 to $100,000 were purchased. This shows that the market is bottoming out and preparing for a rebound that may last until 2025. 🚀The bullish sentiment in the options market deviates from the trend of Bitcoin prices, especially in the long-term market, showing investors' expectations of future price increases. 💰
At the same time, Bitcoin decoupled from the trend of Nasdaq as long-term holders and miners sold Bitcoin and the German government planned to sell $425 million worth of BTC. 🌐
In general, although the price of Bitcoin has fallen in the short term, long-term bullish expectations still exist. Let's look forward to the future of Bitcoin together! 🎈