Analysts split on Bitcoin's pullback from $87K to $83K
- —BTC fell from $87,000 to $83,000 after last week's rally
- —Put block trades accounted for about a third of options volume
- —Implied volatility on major expiries dropped to roughly 35%
- —HTX analyst tied the pullback to rising US Treasury yields
Why it matters: Analysts disagree on the outlook: the options market is pricing little volatility, while this week's US macro data will set Bitcoin's next direction.
Source: Bitcoin Sistemi