Bitcoin reclaims $64K as derivatives flash skepticism
The 30% volume surge masks a thinning futures book, a bear-flag warning on the daily chart, and options still pricing downside protection across BTC, ETH and the majors.
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The 30% volume surge masks a thinning futures book, a bear-flag warning on the daily chart, and options still pricing downside protection across BTC, ETH and the majors.
A widely-followed trader argues anyone buying now believing the bottom is in is making a mistake, with chart structure pointing to a $54K retest.
The pseudonymous analyst who called October's $126K peak now sees a measured drop to $54–56K, with put options flow on major venues already pricing in a slide toward $52K.