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Bitcoin

Will the Bitcoin 2.8 billion dollars options have to be valid?

The validity of about 25,400 Bitcoin options will end on Friday, May 23, and has a virtual value of approximately $ 2.8 billion.

If this week, this week is largely identical to last week, as derivatives trading stabilized. Immediate markets witnessed strong growth with bitcoin rights at a new peak on Thursday above $ 111,000 for the first time.

Ending encryption options

The Bitcoin options collection for this week contains a 1.2 mode/call rate, which means that there are more short contracts than Longs, who are betting on high prices. There is also a maximum pain point of $ 103,000, or about 8,000 dollars less than the current instant prices, as most of the losses will end when the validity is over.

Moreover, this is more than one billion dollars of open interest (OI), or the value or number of BTC options contracts so far, at a higher strike between $ 110,000 and $ 130,000, and speculators are betting at the highest new level ever.

In the market morale report this week, I did not provide Crypto Live derivatives He said The group is “mostly with continuous upward momentum expectations despite some caution of correction 15 % to 20 %.”

They added that the main levels that are monitored include $ 110,000 in immediate support, 120,000 dollars as a goal in the short term, and 150,000 dollars to 200,000 dollars as long -term goals. However, “negative financing rates indicate that many are still abbreviated despite the gathering.”

In addition to today’s batch of Bitcoin options, there are about 201,000 ETAREUM contract that ends today, with a virtual value of $ 547 million, a maximum pain point of $ 2,400, and the PUT/Call ratio of 1.23. This raises the value of Crypto Crypto Combination, which amounts to about $ 3.3 billion.

The Greeks commented on the performance of ETHEREUM weak for Bitcoin, “noticeable, as ETH failed to follow the highest new level in BTC despite ETH expectations to reach $ 3,000 by June.”

Crypting market forecasts

The total market value is at its highest levels since early February at 3.65 trillion dollars. However, it was only driven by Bitcoin.

BTC reached the highest level ever at 111,814 dollars in late May 22, and remained very close to this level during the Asian session on Friday morning, indicating that it may push up.

Ethereum movements were kept with the payment of about 2700 dollars at the time of writing this report after 4 % profit.

Most Altcoins works well this Friday, with better gains for Cardano, liquid hyperactivity, and bitcoin.

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