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Bitcoin traders see 53% odds of sub-$66K BTC by April 24

Bitcoin traders see 53% odds of sub-$66K BTC by April 24

Bitcoin price slumped on Friday as uncertainty over the US economy and war in Iran negatively impacted stock and crypto markets.

Key takeaways:

Bearish sentiment is rising as Bitcoin options professional traders lose confidence that the $66,000 level will hold for long.

The exit of David Sacks as the Crypto and AI czar and a lack of a clear US Strategic Bitcoin Reserve plan added to investors’ doubts.

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Source: Cointelegraph →