The first quarter of the BTCUSD ended with a bullish outlook despite a bearish closing first month. Let’s do a quick recap of significant technical price patterns and important news events in Q1.
Options Analyst: A Sharp increase in Bitcoin Price for 2019 is rather Unlikely
Emmanuel Goh, a former derivatives trader at JP Morgan Chase, in an interview with MarketWatch said that crypto options market currently sees a doubling in daily volume since earlier this year.
Goh said there is a 5% probability of Bitcoin attaining $10,000 by September, following a $10k September expiry priced at 5 deltas.