As Bitcoin struggles to hold above $90,000, developments in the options market on Deribit are similar to patterns that predicted the recent price decline of Trump media stocks.
- Implied probability distribution suggests that BTC is likely to trade lower. 📉
- BloFin’s Griffin Ardern says BTC and altcoin prices are still high and further pullbacks are possible.
- Fed officials’ hawkish comments support the possibility of a price pullback.
Where do you think BTC’s price will go? Share your thoughts in the comments! 💬