Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.
Bitcoin options market structure leans toward $60K retest in February
AI IMPORTANCE: 3/10
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AI INSIGHT
Options traders deploy bearish Bitcoin options strategies in February; spot Bitcoin ETFs record net outflows this month; market positioning centers on the $60,000 strike and keeps Bitcoin capped near the $70,000 area, data shows.
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