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I noticed an interesting movement in the options market. Options are a tool that well indicates where major players are betting on a decline or rise. Currently, the data suggests approximately a 30% chance that Bitcoin will fall below 80,000 by the end of June.
For context: the current price is around 73.5K, so we're talking about a quite significant drop from current levels. Options are essentially bets on the direction of movement, and such a probability shows that some large traders still fear a correction.
But it's important to understand: 30% is not a majority. It means that 70% are betting that the price will stay above this level. It will be interesting to see how this data develops in the coming weeks.