Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Greeks.Live: Some traders believe BTC has reached its peak, with the main community disagreement centered around the $112,000 resistance level.

PANews reported on July 19 that Adam, a macro researcher at Greeks.Live, published an English community briefing on the X platform, pointing out that there is significant division within the community. Several traders believe that the Bitcoin market has peaked, while others maintain a strong bullish attitude, expecting prices to continue to rise. The main disagreement focuses on the resistance level of $112,000, with bears holding put options with strike prices of $100,000-$110,000, while bulls are selling more put options and preparing for higher prices. Traders are constructing December call options spreads and ladder structures, with strike prices set at $115,000/$150,000 and $140,000/$170,000/$190,000, expecting significant fluctuations before the end of the year.

BTC6.89%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Mr.Shuijinvip
· 07-19 14:17
Currently, those who see the top of Bitcoin are people without basic understanding! By the end of the year, it will reach 180,000 dollars!
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)