Will Options Affect the Price in the Next Wave ?

Options are a financial tool that allow investors to minimize their losses and maximize their profits. But, the gamblers will use them for other reasons that are not related with their investments but with individual plans.

 

In cryptos, there are respective tools that seem to affect the prices in every crypto exchange.

 

At this moment, there are almost 23,000 options which are based in Bitcoin that expire today. This means that around $1.4 billion would be moved in new accounts with different prices. The ratio is clearly in favor of the sellers, who are double in size in this phase, with the price – target to be around $61,000.

 

Larger spreads has appeared to be even at $70,000 or $100,000, showing what are the investors’ expectations for the future.

 

We wait to see how buyers and sellers would react in the price fluctuations in the short-term future.

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Mykonos, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).