{"id":483813,"date":"2022-02-17T06:37:24","date_gmt":"2022-02-17T06:37:24","guid":{"rendered":"https:\/\/wncen.com\/?p=483813"},"modified":"2024-06-11T14:11:36","modified_gmt":"2024-06-11T14:11:36","slug":"bitcoin-option-traders-seem-doubtful-at-entering-directional-trades","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-option-traders-seem-doubtful-at-entering-directional-trades\/","title":{"rendered":"Bitcoin Option Traders Seem Doubtful At Entering Directional Trades"},"content":{"rendered":"
Data from Bitcoin options shows that crypto traders are currently selling out and uncertain about entering directional bets on the coin’s future transactions. This is the highest occurrence of this kind of investors’ sentiments on the coin since last year May, when more than 50% of Bitcoin’s value declined.<\/p>\n
Arcane Research’s Report On Bitcoin<\/h2>\n
Crypto market analysis company Arcane Research had recently published a report on the performance of Bitcoin. Their research highlighted that the coin experienced low volatility of over 70%, bolstering that this is the first time options traders have gone on a long-term bearish direction since last year May.<\/p>\n