Bitcoin’s options market is swinging heavily toward bears, with the $80,000 put now emerging as the most popular contract on Deribit. The put option holds over $2 billion in open interest, surpassing the $85,000 put at $1.97 billion. The once-dominant $140,000 call has seen its open interest drop to $1.56 billion, as per Deribit data. The rise in put demand indicates that investors expect Bitcoin to crash below $80,000. Stronger Setup for a Rally On-chain data from CryptoQuant shows clear capitulation ...