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Bitcoin has a 30% chance of falling below $80,000 by late June, options data suggests
Source: CryptoNewsNet Original Title: Bitcoin has a 30% chance of falling below $80,000 by late June, options data suggests Original Link: As bitcoin drops below $91,000 amid tariff rhetoric, data from decentralized trading venues points to potential for a deeper price crash in coming months.
Traders on a decentralized protocol for on-chain options, perpetuals and structured products, see a 30% chance of bitcoin falling below $80,000 by the end of June.
“Options markets show a clear downside skew, with a 30% chance BTC falls below $80K by June 26, compared to a 19% chance it rallies above $120K over the same period,” according to research data from leading decentralized trading platforms.
Options are derivative contracts that let you bet on bitcoin’s price like a side wager at a sports game. Here’s how it works: You pay a small fee to lock in a “what if” deal. If BTC jumps above a certain predetermined price level, you win big by buying cheap. That’s a call option.