Bitcoin options market structure leans toward $60K retest in February
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.
Key takeaways:
Professional traders are paying a 13% premium for downside protection as Bitcoin struggles to maintain support above $66,000.
While stocks and gold remain strong, $910 million in Bitcoin ETF outflows suggest that institutional investor caution is rising.