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Bitcoin

The encryption markets will interact with Bitcoin options $ 2B

The validity of about 21,300 contracts will end Bitcoin on Friday, February 14th, and it has a virtual value of about $ 2 billion.

The end of this week is a little smaller than last week, which had a very little impact on the immediate markets, which lacked a luster despite the continuous flow of the upcoming upscale news from the United States.

Bitcoin options are valid

Bitcoin options for this week is 0.67, which means that there are (long) call contracts more than the end of the contracts (short pants). Max pain point, or the price where most losses will be made, is $ 98,000.

Moreover, the open benefits (OI), or the value or number of BTC options contracts so far until their validity ends, is the highest strike price of $ 120,000, which is $ 1.8 billion, According to To get rid of.

There are also about $ 1.2 billion in OI at the price of a strike of $ 110,000, as derivative derivatives continue to predict that BTC prices will rise in the long run.

Earlier this week, a coding derivative provider lives He said Consumer price index data this week exceeded expectations, which led to a recession, before adding:

“The market morale has maintained a weak unification this week, with the low fluctuations to its lowest level in almost a year, despite multiple positive news by the United States government.”

She said in a former publication: “The fourth short term is especially low, with the end of this month IV by only 46 %, and the options market expects a lower volatility in the coming period,” she said in a previous publication. The main reason for this is “weakening the continuous upright powers in the short term”, and concluded.

In addition to today’s segment of Bitcoin options, about 176,000 ETHEREUM contract also ends with a virtual value of $ 470 million, a 0.64 call/call rate, and a maximum of $ 2765. This raises the value of Crypto Crypto Combination, which amounts to about $ 2.5 billion.

The Greeks said: “The institutions generally agree that February will be an undesirable time without a market. Indeed, it seems that the market is really missing in hot areas and money.”

Crypting market forecasts

The total market value decreased about 3 % a day, returned to $ 3.32 trillion. However, it remains on the lower lines of a tied -range channel that was formed in mid -November.

Bitcoin fell to the lowest level of the day at 95,426 dollars, but she managed to recover to recover 96,700 dollars during the Asian trading session on Friday morning. The original remains in monotheism, with resistance located above the level of $ 98,000.

Ethereum is still not inspiring, wore between 2600 dollars and 2700 dollars over the past 24 hours, and is unlikely to move to BTC.

Altcoins is generally mixed with the acquisition of XRP, Cardano and Stellar, while Binance Coin, TON, ChainLink and SUI decline.

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