$SPX The prevailing sentiment among Bitcoin traders is pessimism, despite the recent price increase. Many expect a significant pullback before the Bitcoin conference that will take place from May 27 to 29.
Although some foresee a sharp decline, an optimistic trader is betting on a significant rise of the SPX to 6650 by the end of July, and Bitcoin to $120,000 before a correction to $102,000.
Most active traders have significant bearish positions in options and plan to strengthen them before the conference, anticipating increased volatility following the event.👉🏼 $WCT
