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Bitcoin Options Traders Target $50,000 Puts Amid Bearish Gold Signals
Bitcoin options traders are increasingly betting on a price drop, with significant activity seen in $50,000 put options.

Bitcoin options traders are increasingly betting on a price drop, with significant activity seen in $50,000 put options.

Bitcoin's put-call ratio has hit a 1-year high, coupled with persistent ETF outflows, indicating bearish sentiment and a potential drop to $55,000.

Bitcoin recently saw significant volatility, dipping to $61,300 and triggering $3 billion in liquidations, while derivatives traders anticipate further downside.