Bitwise Research Head of Research André Dragosch recently spoke with The Block about the expectations of Bitcoin options traders. Dragosch shared that there's been a surge in call options expiring in November with strikes above $80,000. This indicates that traders anticipate a Bitcoin price rally in November, potentially influenced by the U.S. presidential election on Nov. 5 and the Federal Reserve's Federal Open Market Committee (FOMC) meeting on Nov. 8.
BTC Option Traders Expect a Bullish November With High Strike Call Options: Analysis
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