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Traders bet on $200K year-end Bitcoin, but real odds tell...

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43 seconds ago 43 seconds ago

Traders bet on $200K year-end Bitcoin, but real odds tell a different story


Marcel Pechman
by Marcel Pechman 43 seconds ago43 seconds ago
Traders bet on 0K year-end Bitcoin, but real odds tell a different story


Despite aggressive bullish bets, market odds imply under 3% chance of $200,000 BTC price by December of this year.

Key takeaways:

Diagonal and butterfly spreads benefit from BTC near $160,000.

$200,000 year-end call options imply less than 3% chance of profit.

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