Options Data Bitcoin Price Probabilities (60 days) | Crypto Market Update 1.12
Options Data Bitcoin Price | Market Update | Major Crypto News
Disclaimer: I am not a financial advisor, everything on this report is financial opinion. Please consult your financial advisor before participating in crypto.
Every couple of months, I like to perform a price probability analysis of Bitcoin to extract a realistic price range for the future. The price range extracted from the data helps with a few aspects. It aids in tempering my expectations and keeps my emotions in check. It counter-balances some of the sentiment that I shamefully absorb from crypto Youtube and Twitter. The data also provides a template for spotting tops and bottoms or, in other words, good zones to reduce/increase positions. I hope it can aid you in a similar fashion.
The data extracted from options is math-based and derived from the Black Scholes Model, which finance utilizes to price options. The Model requires five input variables: volatility, current asset price, time until expiration, and the option contract price to extract future price probabilities of assets.
If you ever mess with options, the entire game is probability-based, similar to playing poker. I come from an options trading background, and this is…
