Bitcoin breaks into a $2B options trap that can turn this rally violent around $75,000

For weeks, Bitcoin (BTC) couldn’t convincingly break out of the $70,000 zone, which it kept circling as a real problem area. BTC repeatedly failed to close above that level from early Februar...

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Bitcoin breaks into a $2B options trap that can turn this rally violent around $75,000

Source: CryptoSlate

For weeks, Bitcoin (BTC) couldn’t convincingly break out of the $70,000 zone, which it kept circling as a real problem area. BTC repeatedly failed to close above that level from early February through early March, making the zone a meaningful area of resistance in a market shedding confidence. Glassnode’s Mar. 11 report described those failures […]

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