Markets Daily Crypto Roundup cover image

Markets Daily Crypto Roundup

Crypto Update | Bitcoin Outlook and BitMEX Options Trading

May 9, 2024
Helene Braun and BitMEX CEO Stephan Lutz discuss the surge in crypto derivatives trading volume, Bitcoin outlook, options trading on BitMEX, and the rise of meme coins. Lutz predicts Bitcoin trading between $60,000-$70,000 with potential for major corrections or new all-time highs. They explore benefits of options trading and features of BitMEX's platform.
17:34

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Quick takeaways

  • Bitcoin's price is predicted to trade between $60,000 and $70,000 with potential for major corrections or new all-time highs.
  • Options trading on BitMEX offers non-linear strategies to mitigate risks and capitalize on market uncertainties, expanding the dimensions of crypto trading.

Deep dives

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