Options Traders Are Setting Their Sights on Bitcoin at $50,000 by January

Discussion in 'Crypto Assets' started by ajacobson, Dec 6, 2023.

  1. ajacobson

    ajacobson

    Options Traders Are Setting Their Sights on Bitcoin at $50,000 by January
    David Pan - Bloomberg via Yahoo Finance
    Options traders are loading up on bets that Bitcoin will surge to $50,000 by January, when many market observers expect the SEC to finally allow exchange-traded funds to directly hold the cryptocurrency.
    /jlne.ws/3uEAgRJ
     
  2. Tokenz

    Tokenz

    We should see some volatility in January. January 10th is the SEC ETF deadline, which more than likely will get appoved.