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Bitcoin call options cluster above $60,000 indicating post-hal | Bitcoin | Ethereum | Altcoin

Bitcoin call options cluster above $60,000 indicating post-halving bullish sentiment, analyst says

According to one analyst, bitcoin options are signaling a bullish sentiment post-halving, evidenced by the strike positioning and put-call ratio for the end-of-month expiry in June. "The June expiry is a good gauge for halving sentiment and our charts shows much more upside positioning. The put-call ratio is significantly lower in June, at 0.28 versus 0.55 for March, and strike positioning is also higher," Deribit Chief Commercial Officer Luuk Strijers told The Block.

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