Bitcoin Options – CRYPTORY

Pro traders buy the dip as bears push Bitcoin price to the edge of $30K

After correcting 15%, Bitcoin price dropped to $30,000 but derivatives indicators suggest pro traders are buying the dip.

The open interest on Bitcoin options has hit $8.8 billion but data show bulls are in favor after BTC’s rally to a new all-time high.

Bitcoin price quickly rallied back to $40,000 but key derivatives indicators show traders are happily flirting with overbought levels.

Bitcoin futures and options indicators remained stable during the 26.5% crash, a signal that the harshest part of the BTC correction may be over.

Traders are freaking out about today’s 27% Bitcoin price drop but historical data show sharp corrections are natural even during bull markets.

Multiple Bitcoin price metrics show traders are still bullish on BTC even after the drop below $22,000.

The Bitcoin futures market has a major expiry date on Friday.

Bitcoin options open interest reached a record-high $6.5 billion as investors continue to increase their optimistic long-term bets.

Bitcoin price may have broken above $20,000 but the 40% decrease in volume shows bears are watching BTC closely.

An assortment of Bitcoin futures and options indicators are signaling that investors view every BTC dip as a buying opportunity.