Bitcoin Options Metric Suggests More Traders Are Taking Bullish Bets

With a falling ratio of bearish put options to bullish call options in the bitcoin (BTC) options market, the key metric is currently signaling that an increasing number of advanced traders are taking bullish bets on bitcoin. As of Sunday, the put-to-call ratio in terms of BTC open interest stood at 0.51, signaling that neither the bulls nor the bears have the upper hand at the moment. ...