Bitcoin
Derive Doubles Bitcoin (BTC) Sub-$70K Christmas Odds to 31%
COINOTAG·November 12, 2026·1 min read
Derive doubled its odds of Bitcoin closing below $70,000 on Christmas to 31%, up from a week ago. Put premiums are climbing, and K33 warns of squeeze risk. The shift reflects growing bearish sentiment among options traders as Bitcoin faces downside pressure.
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