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Bitcoin price might hit $12k in June, based on the options market

From invezz.com

The year 2020 is off to a good start when it comes to Bitcoin’s price performance. The coin has grown by 12.5% over the course of the last two weeks, and many believe that this is only a start. According to experts, the options markets are showing available call options for a $12k strike price in June 2020, only one month after Bitcoin goes through block reward halving process. Bitcoin price spent this weekend just above the $8,000 mark, and multiple technical indicators are showing that another bullish period may be coming. It is also worth noting that the coin has been acting as a safe haven in recent weeks, as the ... (full story)

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  • Category: Fundamental Analysis