Change of Character: Crypto Daybook Americas

Change of Character: Crypto Daybook Americas


By Omkar Godbole (All times ET unless indicated otherwise)

The crypto market is in the red again, with bitcoin BTC$104,868.96 showing signs of what forex traders would term a “CHoCH,” or change of character. In this case, it’s tipping bearish.

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Since October last year, bitcoin bulls have ruled the options market, piling into calls at $100K and above on

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