Bitcoin options: How to play it when BTC price moves up or down 10%
A perfect storm is forming for higher volatility. Learn how to profit from BTC price moves on either side. Here's how Bitcoin (BTC) traders can profit whether its price move up or down 10% within 55 days. Bitcoin options: Bracing for volatility Traditional market analysts have started calling for a volatility spike due to the U.S. government debt discussion. Moreover, signs of stress coming from the banking sector took investors by surprise after the DXY index, which measures the U.S. Dollar against a basket of foreign currencies, reached its lowest level in 12 months at 101 on May 4. Stock market and macro analyst Markets & Mayhem posted a chart from Deutsche Bank that correlates historical government spending and debt concerns with spikes in the stock market volatility. Volatility could rise into a government debt debacle as the kabuki theater carries on Source: Deutsche pic.twitter.com/fmJVKvUZvc — Markets & Mayhem (@Mayhem4Markets) May 1, 2023 U.S. Treasury Secreta...