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Bitcoin has a 30% chance of falling below $80,000 by late June, options data suggests

CoinDesk
Options data indicates a 30% probability of Bitcoin dropping under $80,000 by the end of June.

Summary

Analysis of options market data suggests that there is a 30% probability that the price of Bitcoin could fall below the $80,000 threshold by the close of June. This assessment is derived from the current positioning and pricing of Bitcoin options contracts.

(Source:CoinDesk)