Bitcoin Call Option Buying Surges Amid Price Rise, Indicating Bullish Market Sentiment

BTC

BTC/USDT

$63,096.82

-1.08%

$63,096.82

-1.08%

(24s)

24h Volume

$11,095,701,610.34

24h H/L

$63,849.19 / $62,466.00

Change: $1,383.19 (2.21%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,085.05

▲ 0.31%

Volume (24h): -

Resistance Levels

Resistance 3$65,872.10

Resistance 2$64,159.07

Resistance 1$63,160.85

Price$63,085.05

Support 1$62,704.01

Support 2$61,477.25

Support 3$58,822.51

Pivot (PP):$63,587.81

Trend:Downtrend

RSI (14):45.1

According to a CoinDesk report on September 30, data from Amberdata’s order flow tracking reveals a significant increase in buying activity for Bitcoin call options with a strike price of $75,000 and above on Deribit. Concurrently, investors are offloading put options. According to Greg Magadini, the director of derivatives at Amberdata, these patterns reflect a bullish sentiment for Bitcoin’s spot prices, matched by an anticipation of heightened price volatility.

Share News:

#BTC

Live BTC price →More BTC news →