Bitcoin options market sees increase for post Bitcoin halving June predictions

posted 6 months ago
The Bitcoin options market was initially dismissive of the upcoming halving, as open interest was negligible for May and June 2020 options. This changed after March options expired.

A comparison of April and June options contracts shows an abundance of highly speculative activity for June, post-Bitcoin’s next halving. Most activity in June is taking place in calls, as bears meet the demands set by bulls.
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