Bitcoin options market 180 days 25% Delta deviation has reached the highest level in November 2021
On March 20th, it was reported that as the price of Bitcoin rose to the range of 28000 US dollars, there was a reversal bullish trend in Bitcoin options. The 25% Delta deviation of 7, 30, 60, 90, and 180 days has returned to the bullish region, with relevant indicator values approaching 5. Among them, the 25% Delta deviation of 7 days has reached the highest level since February 2022, and the 25% Delta deviation of 180 days has reached the highest level since November 2021.
Interpretation of this information:
On March 20th, it was reported that there was a bullish trend in Bitcoin options as the price of Bitcoin rose to 28000 US dollars. This indicates that investors are more optimistic about the future of the cryptocurrency. The 25% Delta deviation, which measures the level of market concern by investors, for various durations such as 7, 30, 60, 90, and 180 days have returned to the bullish region. The values of the relevant indicators are approaching 5. The 25% Delta deviation for 7 days has reached the highest level since February 2022, while the 25% Delta deviation for 180 days has reached its highest level since November 2021.
This news is highly significant for those who are interested in trading Bitcoin. It suggests that the cryptocurrency market is once again gaining traction after the recent price drop. The bullish trend in Bitcoin options indicates that investors are becoming more confident about the future prospects of the cryptocurrency.
The three keywords in this content are Bitcoin, bullish trend, and 25% Delta deviation. The keyword Bitcoin refers to the highly popular cryptocurrency market that has gained worldwide attention in recent years. The keyword bullish trend refers to the optimistic sentiment among investors, which indicates that the prices of Bitcoin and other cryptocurrencies may rise. Lastly, the keyword 25% Delta deviation is an indicator used to measure market concern, which helps investors make informed decisions while trading.
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