Bitcoin’s (BTC) 30-day options delta skew on Deribit climbed to 12%, its highest level in more than four months, Cointelegraph reported. The gauge, which measures the relative pricing of call and put options, typically stays between -6% and +6% in neutral conditions. Readings above 10% point to elevated fear. According to the report, the spike doesn’t necessarily signal the end of BTC’s rally. The last time the skew hit 13% on April 7, BTC dipped below $74,500 before surging to $104,150 by May 8.
Bitcoin’s options market signals fear as 30-day skew hits 4-month high
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