Glassnode: Bybit Bitcoin Options Report Released
Glassnode and Bybit joint report tracks Bitcoin options market growth and venue trading shifts, with BTC at $77301.81 showing bullish EMA50 support.
SourceAnalysis
Glassnode partnered with Bybit on a new report examining how the Bitcoin options market expanded and captured share from other venues while revealing distinct trading patterns across platforms.
BTC price sits at $77301.81 inside a bullish structure with EMA50 at $77152.34 acting as immediate support and EMA200 at $74606.26 providing deeper macro floor. MACD golden cross at -81.81 reinforces trend strength even as RSI at 56.21 stays neutral. Price tests upper Bollinger resistance at $77592.43, raising the probability of a healthy retracement toward the 50-EMA before any continuation higher.
glassnode
@glassnodeWorld leading onchain & financial metrics, charts, data & insights for #Bitcoin & digital assets.