The Changing Tides and Why BTC Is Heading to $50K
The Breakdown
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Bitcoin's Market Analysis and Anticipation for Spot Bitcoin ETF Approval
This chapter analyzes Bitcoin's recent highs in 2023 and questions whether the market is overextended. The speaker examines the crypto options market, implied volatility, historical futures basis, and variance risk premium, and expresses anticipation for the approval of spot Bitcoin ETFs and a potential market move.
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Transcript
