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Bitcoin price may explode soon as key metric indicates bullishness

By: Invezz
Bitcoin halving is about to happen

It appears that option market traders are unwinding wagers for an extended upward move in Bitcoin, a key metric suggests. The buyers have consolidated gains above 9,500 as they prepare for another attempt to clear 10,300.  Fundamental analysis: Bullishness in the options market The crypto research company Skew reported that the put-call ratio, an indicator commonly used in the options market, plunged to 0.43 on June 4, hitting the lowest mark since the end of March. Skew’s data includes open interest at major future exchanges such as Deribit, OKEx, CME, Bakkt and LedgerX.  Over the last few weeks, the put-call

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