Lack of Conviction in Institutions' Bitcoin Positioning, CPI and Iran Talks May Bring Clarity
Despite bitcoin's recent 7% price surge to $75,178.05, the recovery has stalled near $72,000 due to key binary risks, including the upcoming U.S. inflation report and U.S.-Iran truce talks. Institutions are adopting a cautious strategy, chasing upside potential through call options while also seeking downside protection through puts. Demand for the $80,000 call option is notable, but the persiste…
April 10, 2026, 11:29 a.m.