Deribit data hints at $50,000 Bitcoin value by March 2024 amid potential gamma squeeze

CAT December 4, 2023 1 min read

James Van Straten

Quick Take Data from Deribit paints a compelling picture of Bitcoin’s potential by the end of Q1 2024. Based on strike price, options open interest pinpoints a possible value of $50,000 for Bitcoin by March 29. The call wall at this price is robust, exhibiting a notional value of $275 million, which dwarfs the notional […]

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Deribit data hints at $50,000 Bitcoin value by March 2024 amid potential gamma squeeze

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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