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Key takeaways:
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Professional traders are paying a 13% premium for downside protection as Bitcoin struggles to maintain support above $66,000.
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While stocks and gold remain strong, $910 million in Bitcoin ETF outflows suggest that institutional investor caution is rising.
Bitcoin (BTC) price entered a downward spiral after rejecting near $71,000 on Sunday. Despite successfully defending the $66,000 level throughout the week, options markets reflect growing fear as professional traders avoid downside price…
https://cointelegraph.com/news/bitcoin-options-market-structure-leans-toward-60k-retest-in-february?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
