🚀 Buckle up, crypto enthusiasts! The options market is buzzing with bullish vibes for BTC as the U.S. election heats up! 📈
1️⃣ Rising Trump victory odds are driving demand for BTC upside exposure. Historically, BTC and the dollar index (DXY) are like oil and water, but this election could shake things up!
2️⃣ CME data shows a bullish bias for BTC over the next month, with a 1.20 skew in favor of calls. Meanwhile, the dollar index is holding strong, but BTC is ignoring it and soaring to new heights!
3️⃣ Options traders are eyeing $70K and even $100K BTC strikes, betting big on a Trump win and pro-crypto policies.
What do you think? Drop your thoughts below! 👇 #DeFi #Web3 #CryptoFun