Bitcoin spot price action does little to spook BTC options traders

Bitcoin eventually And choice signal investors trust was not in a significative way impacted by BTC recent soak has $61,500.

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THE 13.3% drop In Bitcoin (BTC) price between April 12 And April 13 strength a lot traders out, mostly those WHO had leverage their positions. This significant movement sets off $387 million In strength liquidations of long positions And reduced THE open interest by $5.4 billion. HAS First of all a look, THE price action And It is effect on THE derivatives markets suggest A decreases risk appetite.

Again, cryptocurrency traders are used to has volatility And often overreact during uncertain times. A closer exam East necessary has determine if THE retest of $61,500 was sufficient has infuse fear Or has signal that THE path has $72,000 And A potential all the time high After THE Bitcoin reduce by half East NOW ...