The Best Strategy to Make Money While Bitcoin is Moving Sideways Revealed! - Coin Bulletin

Bitcoin (BTC) price continued to move within a narrow range below 100 thousand dollars, while investors continued to turn to 110 thousand dollar options with expectations of an increase.

In February, while the Bitcoin price fluctuated between 95,000 and 100,000 dollars, investors in the options market played an aggressive bullish scenario. According to Amberdata, Bitcoin call options at 110,000 dollars listed on the Deribit exchange became the most preferred strategy this month.

A total of over 6 million dollars in premiums have been paid for these options expiring at the end of March.

BTC $110,000 options became the most preferred trading

A (call) option gives the holder the right to buy Bitcoin at a predetermined price until a specified date. Investors pursuing this strategy in the options market anticipate a significant rise in the price of Bitcoin by the end of March.

Greg Magadini, Director of Derivatives Markets at Amberdata, stated the following on the matter:

When screen-based transactions are examined throughout the month of February, it is observed that BTC $110,000 March futures call options are the most active trading strategy.

Magadini said, “*While there have been some positive developments for BTC, they have not had a significant impact on prices. Collapses in the meme coin market, liquidity issues, and increased supply of alternative cryptocurrencies are causing the Bitcoin market to remain flat and with low volatility for now.”

• The information in the content does not constitute investment advice