๐ฅ Bitcoin is now facing its longest losing streak since 2024, putting it on track for the worst quarter since 2018 ๐๐ฌ
Spot market metrics are flashing a potential bottom, hitting their second-highest level of the year โ but caution dominates. Options traders are loading up on downside protection, stacking puts in the $85Kโ$80K range as volatility ramps up.
Analysts warn a bull trap below $80K could form before any meaningful year-end recovery.
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ARTHSArthur Simfukwe
MC:$3.66KHolders:2
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๐ฅ Bitcoin is now facing its longest losing streak since 2024, putting it on track for the worst quarter since 2018 ๐๐ฌ
Spot market metrics are flashing a potential bottom, hitting their second-highest level of the year โ but caution dominates.
Options traders are loading up on downside protection, stacking puts in the $85Kโ$80K range as volatility ramps up.
Analysts warn a bull trap below $80K could form before any meaningful year-end recovery.
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