By CCN: Now that the bitcoin price has momentum on its side, the bulls are placing bullish bets again. The most aggressive trades are seemingly happening in the crypto derivatives market where the risk/reward profile differs vs. the spot market. Now that the bitcoin price has generated returns of approximately 130% year-to-date, derivatives traders are willing to put it on the line once again. One bullish trade that has resurfaced in the crypto call options market is a bet that the bitcoin price will surpass $50,000 by this time next year, which would reflect an increase of roughly 150% versus
The post Bullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020 appeared first on CCN
* First published on ccn.com
