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Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop

While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.

Maria Prymachenko. Ukrainian bull. 1977
(Ввласенко/Wikimedia Commons)
Maria Prymachenko. Ukrainian bull. 1977 (Ввласенко/Wikimedia Commons)