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Institutions bet on bitcoin rising to $80,000 while also purchasing downside protection

Institutions bet on bitcoin rising to $80,000 while also purchasing downside protection

AIcoinAIcoin2026/04/10 11:34
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Institutions are betting on Bitcoin reaching $80,000 through call options while also purchasing downside protection. Currently, Bitcoin’s price is stagnating at $72,000 as investors remain hesitant ahead of geopolitical events and the release of economic data. This Friday’s US inflation data and potential US-Iran ceasefire negotiations over the weekend may offer clearer direction for the market.
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