Bitcoin Options Update: Market Panic Fades But Traders Remain Defensive – Details

Bearish sentiments continue to dominate the Bitcoi

Bitcoin Options Update: Market Panic Fades But Traders Remain Defensive – Details

Bitcoin Options Update: Market Panic Fades But Traders Remain Defensive – Details

Bearish sentiments continue to dominate the Bitcoin market as the premier cryptocurrency looks to record a fifth consecutive monthly loss. Presently, prices are consolidating beneath the $70,000 mark, as market bulls struggle to force a decisive breakout above the resistance zone. 

Source: @glassnode on X
Source: @glassnode on X
BTC trading at $67,888 on the daily chart | Source: BTCUSDT chart on Tradingview.com

Featured image from Flickr, chart from Tradingview

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