The Bitcoin ($BTC) options industry is currently showing a noteworthy contraction in terms of exposure to dealer gamma around $70K. This highlights a significantly narrower positioning range in comparison with that seen in former sessions. As per the data from Greeks Live, the range of the major positive gamma exposure starts with $68,000 and ends at $72,000. Hence, $70,000 emerges as the key point of the clustering of this gamma exposure. The wide-scale dealer gamma exposure concentration in the Bitcoin options market around the $70K mark indicates a relatively squeezed positioning range when compared with the ... (full story)