🔥BOMBAZO🔥
📢 The #Bitcoin OPTIONS are pointing to a $BTC more EXPENSIVE. Let's see what price they are targeting:
👉 First of all, what are OPTIONS⁉️
🔹Options are a key indicator of investor expectations about future prices.
🔹They are derivative financial contracts that give you the right, but not the obligation, to buy or sell an asset at a specified price on a future date.
🔹Imagine that today Bitcoin is worth USD 60,000 and you buy an option to buy BTC at USD 65,000 in a month.
🔹If in that month Bitcoin rises to USD 75,000, you exercise the option, buy it at 65k, and gain the difference.
🔹If it doesn't rise, you don't exercise it, and you only lose the cost of the option (the "premium").
🔎 What do the #Bitcoin OPTIONS say ⁉️
▪️In the last 24 hours, the most traded contracts were call options targeting $120,000 and $130,000 for June 27.
▪️In fact, the put/call ratio, that is, how many sales there are compared to purchases, is currently at 0.38, reflecting a strong bullish sentiment.
▪️This indicates that for every 100 call option contracts, there are only 38 sales.
📍The majority of #Bitcoin OPTIONS are CALL, which indicates a STRONG BULLISH SENTIMENT in the market #cripto
