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Those making the bitcoin options market on crypto exchange Deribit currently appear to have a significant positive “gamma” exposure at the $90,000 and $100,000 strike options. In simple terms, it means traders/investors have sold options at these levels, leaving market makers, who are always on the opposite side, with a large chunk of long positions.
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Why Bitcoin (BTC) Price Gains May Be Choked Between $90K and $100K?
