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JUST IN: The Bitcoin options market is showing a noticeable shift toward optimism. Data from Deribit, CME, and Polymarket point to an increase in bets on a BTC recovery above $80,000, although technical resistance and the upcoming Federal Reserve decision still threaten to alter that narrative.
Options imply approximately a 35% probability that Bitcoin will break $80,000 by the end of June.
BTC's skew has rebounded from panic levels near -25% to around +10%, signaling a bullish reversal.