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This bullish Bitcoin options strategy targets $50K without risk of liquidation

Published 08/04/2021, 06:30 PM
Updated 08/04/2021, 08:00 PM
This bullish Bitcoin options strategy targets $50K without risk of liquidation
BTC/USD
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Long-dated Bitcoin options and bulls still make waves with their ultra bullish bets, but even they must admit that the possibility of (BTC) trading above $60,000 in the next couple of months is dim.

Many traders have added leveraged-long positions via futures contracts to chase after the elusive all-time high, but this seems like an unrealistic outcome.

Bitcoin options strategy returns. Source: Deribit Position Builder

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