🚨 What’s Next for Crypto Markets? 🚨
If Bitcoin revisits $109K ATH, it would attract a lot of hype and retail investors. A massive spike in buying pressure could easily propel it beyond this high to set up a new one. This development could see crypto market flip green for a longer duration than seen in the past few weeks. This could also allow altcoins to explode, bringing forth an altseason.
Based on the options data, Gamma Exposure (GEX) shows key levels to the upside include – $110k, $115k, $120k and $125k. These are areas where calls are clustered. To the downside, puts are clustered around $100K and $95K are two key levels to watch. These areas tend to serve as key support and resistance levels, which could influence BTC price moves.