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Greeks.live: Bitcoin Bulls Eyeing $102,000 Support Level

Greeks.live: Bitcoin Bulls Eyeing $102,000 Support Level

Bitget2025/05/24 22:40
BTC+0.55%

Greeks.live released an English community newsletter, which pointed out: Despite recent concerns about the possibility of the EU imposing tariffs, the group overall remains bullish, with Bitcoin bulls focusing on the $102,000 support level, while some are hedging short-term volatility through bearish options spreads. Trump's announcement of a 50% tariff on the EU and pushing Apple to manufacture in the US has caused immediate market concerns, with options traders setting up bearish options spreads (such as B109P S106P) as short-term protection.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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