NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin Options Traders Flip Short as Fears of a Post-Halving Selloff Mount

Cole Petersen
Cole Petersen
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin’s rally has shown some slight signs of slowing as it struggles to gain a solid foothold within the $10,000 region. The cryptocurrency is now consolidating as buyers attempt to gain greater support.

It does appear that options traders are overwhelmingly beginning to flip short on the benchmark cryptocurrency – a sign that they are anticipating it to see further downside in the mid-term.

The reason why they are widely increasing their exposure to put positions likely stems from the historical precedent of the $10,000 region.

In the time following BTC’s crash in late-2017, the cryptocurrency has historically seen some of its largest declines in the months following its attempts to stabilize within the five-figure price region.

Bitcoin Options Traders Seem to Think the Rally is Losing Steam 

Bitcoin’s intense rally brought it all the way up to highs of $10,100 before it began stalling. The subsequent decline led it to lows of $9,500 – from which point it has been able to climb slightly higher.

At the time of writing, BTC is trading down just over 2% at its current price of $9,750.

It does appear that it has now entered a consolidation phase as it struggles to break above the heavy selling pressure laced throughout the lower $10,000 region.

Assuming that this consolidation persists, and bulls are unable to make any meaningful progress towards pushing the crypto higher, it could mean that a correction is imminent.

Options traders seem to concur with this possibility, as data shows that the put to call ratio has been climbing greatly in recent times. This signals that more traders are forecasting that Bitcoin will be trading lower than where it is currently in the mid-term.

Data from research platform Skew elucidates this trend:

“The bitcoin put / call ratio is rising rapidly,” they explained, further adding that “yesterday the four largest contract increases in open interest were puts.”

Bitcoin
Image Courtesy of Skew

Historical Precedent Shows That Rejections at $10,000 Have Dire Consequences 

In the time following Bitcoin’s late-2017 crash from highs of $20,000, the five-figure price region has been an important psychological price level for investors.

This is leading analysts to note that the probability of a correction here is quite high.

“If you’re new and feel like you missed the move to 10k relax. Probabilities say you’ll probably get to buy BTC in the low to mid 8k’s with a little patience. In 2017 we had 5-6 pullbacks of 30% or more (if I recall)… Take this time to learn,” one prominent analyst advised.

Jack Purdy – a researcher at Messari – also spoke about this from a data-perspective, saying:

“The last three times BTC went past $10,000 it was back under within 90-days.”

Image Courtesy of Messari

If this trend replicates itself, Bitcoin could be in for a correction.

Featured image from Unplash.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price news

Bitwise Just Sounded The Alarm—Bitcoin Could Explode Soon

The latest Crypto Market Compass from Bitwise Europe lands like a klaxon: every major gauge of risk appetite, liquidity and...

Jake Simmons 2 hours ago
Bitcoin

Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?

MicroStrategy has just added another 4,980 Bitcoin to its stash, spending about $531 million at an average of $106,801 per coin....

Christian Encila 3 hours ago
Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High

Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High

Solana has returned to the spotlight as speculation around a potential Solana ETF approval gains momentum. While still unconfirmed, growing...

Sebastian Villafuerte 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Trims Gains

Bitcoin Price Trims Gains — Bulls Lose Steam Near Resistance

Aayush Jindal 22 minutes ago
Ethereum

Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming

Christian Encila 35 minutes ago
Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar?

Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar?

Samuel Edyme 1 hour ago

Premium Sponsors

Press Releases

  • Ethereum Enthusiasts Easily Earn a Stable Daily Income of...

    5 hours ago
  • Hledáte nejlepší kryptoměny k nákupu v roce 2025

    Hledáte nejlepší kryptoměny k nákupu v roce 2025? Tady...

    7 hours ago
  • Cauți cele mai bune criptomonede de cumpărat în 2025?...

    8 hours ago
  • Tražite najbolje kriptovalute za kupnju u 2025. 4 top izbora za vaš portfelj

    Tražite najbolje kriptovalute za kupnju u 2025.? 4 top...

    8 hours ago
  • 今が狙い目の割安アルトコイン特集|注目すべき銘柄をチェック!

    ...

    12 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.