According to Options data, the market maker is negative gamma, which means he has sold a few options to clients.
That means, given they are negative gamma, they would need to trade in the direction of the market to stay hedged.
That leads to a little problem...Because to truly understand where Bitcoin's price is going to go, we need to identify the areas where the market maker will act.
It appears that the 11k and 100k zones are the key areas for Bitcoin. Video by Traders Reality.
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