Bitcoin derivatives point to broad price range play between $85,000-$100,000

Bitcoin's (BTC) derivatives market is flashing signals of stability in a broad range rather than a massive moonshot or violent crash. Activity in Deribit-listed options shows strong support around $85,000 from heavy put selling (writing) or traders offering insurance against price drops below that level. At the same time, some traders are offering protection against bullish price moves beyond $95,000-$100,000 levels by writing call options at these levels, thereby creating resistance, according to data ...