Data: The BTC options market shows a 25% probability of reaching $84,000
Bitcoin returned above $78,000 on Friday, with a 15% increase over the past 30 days, but the derivatives market remains cautious about further rises.
Data from Deribit shows that the trading price of the BTC call option with a strike price of $84,000 is 0.0136 BTC (approximately $1,063), with an implied probability of only 25% for Bitcoin to rise 8% to that price level by the end of May.
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