Bitcoin options market structure leans toward $60K retest in February
Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.
Key takeaways:
Professional traders are paying a 13% premium for downside protection as Bitcoin struggles to maintain support above $66,000.
While stocks and gold remain strong, $910 million in Bitcoin ETF outflows suggest that institutional investor caution is rising.
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