Case for Bitcoin Bottom Near $40K Is Weak as Institutions Stay Away – CoinDesk - USA Newsplug

Breaking

Monday, January 17, 2022

Case for Bitcoin Bottom Near $40K Is Weak as Institutions Stay Away – CoinDesk

Put-call skews, which measure the spread between prices of puts, or bearish bets, and calls, bullish bets, were trading little changed at press time, implying a neutral bias. One-month futures listed on the Chicago Mercantile Exchange (CME) barely drew a premium to the spot price while those on other exchanges were trading at a premium of less than 5% annualized, a far cry from the double-digit figures observed in October and November. That’s perhaps the result of traders selling futures to hedge their exposure.



from WordPress https://ift.tt/3rqlxof
via IFTTT

No comments:

Post a Comment