Bitcoin options could pave the path for new BTC price highs — Here is how

Key takeaways:97% of the $8. 3 billion in Bitcoin put options expire worthless at a $102,000 BTC price. Short covering above $105,000 could trigger a Bitcoin price rally to new highs. Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months source: https://cointelegraph.com/news/bitcoin-options-could-pave-the-path-for-new-btc-price-highs-here-is-how?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound