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Key takeaways:
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Bearish options strategies maintain an edge unless Bitcoin secures a decisive price breakout above $90,000.
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Traders are using $100,000 call (buy) options as income tools rather than direct bets on a massive Bitcoin rally.
Bitcoin (BTC) has rebounded multiple times from the $87,000 level over the past two months, but traders remain skeptical about a decisive breakout above $95,000. Friday’s upcoming $10.8 billion BTC options expiry represents a pivotal moment for bulls, especially as call…
