CandleFocus Bitcoin Is Going to $80K Regardless of Trump or Harris Win, Traders Say
2024-10-23
Author: Content Editor
Crypto options traders are placing bets that Bitcoin will reach new highs by the end of November. Options expiring on November 8 have the highest open interest at the $75,000 strike price, indicating a key focus area for that period. Traders believe that regardless of the U.S. presidential election outcome, Bitcoin may surpass previous highs in the coming weeks due to various macroeconomic factors. While some see these bets as a bullish outlook, others view it as an election hedge. BTC is currently down 0.7% in the past 24 hours.
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