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

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 55 Views

Pro Bitcoin traders might use bullish options strategies to build pressure on short sellers.

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.

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