Really?

Bloomingbit Newsroom

Summary

  • CoinDesk reported that Bitcoin has fallen after reaching an all-time high, indicating a warning sign that the bullish momentum has weakened.
  • Bitcoin call options are trading at a volatility premium three times higher than put options.
  • This suggests that optimism about Bitcoin has weakened.
Source=TradingView
Source=TradingView

Source=TradingView

There are claims that a temporary correction of Bitcoin (BTC) is a concern.

On the 5th (local time), CoinDesk reported, "Bitcoin fell to $91,000 after hitting an all-time high the previous day," stating that it is a "warning indicator that the market has escaped strong bullish momentum." It continued, "Bitcoin call options are currently trading at a volatility premium three times higher than put options," evaluating that "this suggests that optimism about Bitcoin has weakened."

Will it disappear?

Bloomingbit Newsroom

Bloomingbit Newsroom

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