Price Prediction
Bitcoin Price Prediction: Why $80K Could Trap Traders
Bitcoin's price is predicted to face a test at $80,000 due to upcoming Federal Reserve decision. The recent Binance spot quote was around $80,276, with options dealers holding positive gamma exposure around the $80,000 strike. This activity can soften moves around the major strike, but the floor could weaken if dealer rebalancing keeps prices near $80,000. The quiet trading does not prove strong spot demand.