Bitcoin's Long-Term Bullish Sentiment Turns Neutral Amid Economic Concerns

According to BlockBeats, recent economic concerns, including rising inflation and disappointing employment data, have contributed to a decline in Bitcoin's price. CoinDesk reports that indicators in the options market suggest a shift in market sentiment, with Bitcoin's long-term bullish outlook turning neutral. Griffin Ardern, Head of Options Trading and Research at crypto financial platform BloFin, noted a concerning sign in the recent market pullback. He observed that the bullish sentiment for Bitcoin's long-term options has dissipated, now firmly holding a neutral stance source: https://www.binance.com/en/square/post/27897249643858?utm_source=BinanceNewsRSS