Despite Bitcoin's recent dip below $100,000, the options market is showing signs of bullish sentiment. Short-term implied volatility (IV) has only rebounded slightly after the drop, suggesting that market participants are still optimistic about Bitcoin's long-term prospects. The decline was more likely driven by the strength of the dollar and the decline in the U.S. stock market, according to Adam, Macro Researcher at crypto options analytics provider Greeks.live. The consensus among analysts is that the BTC bull market and uptrend remain intact.

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