Bitcoin Struggles to Hold $30K

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Options traders are more focused on hedging exposure than ever before, with skew levels signaling a bearish outlook in the bitcoin options market, according to ArcaneResearch. Watch Chart of the Day, presented by cryptocom:

BTC is in a consolidation phase as it struggles to break the $30,000 threshold. Options traders are more focused on hedging exposure than ever before, with skew levels signaling a bearish outlook in the bitcoin options market.

“All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
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