Odaily Planet Daily News According to CoinDesk data, BTC fell more than 1% in the past 24 hours to $64,500. Despite this, Bitcoin options trading on the Deribit exchange favors call options above market prices. QCP Capital said that a large number of purchases of options with December and March expiration and strike prices of $90,000 to $100,000 in the past 24 hours indicate that the market is bottoming out and preparing for a rebound that may last until 2025. The bullish sentiment in the options market diverges from the price trend of Bitcoin, 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. (CoinDesk)
