According to a briefing by Adam, a researcher at Greeks.Live, Odaily Odaily reports that opinions within the community are severely divided. The strongly bearish camp believes that BTC has undergone a fundamental change since the launch of IBIT options on November 19, 2024, consistently underperforming and failing to show upward movement during US trading hours. Key levels to watch include potential volatility around January 6th, but most traders are skeptical of any major breakout by year-end, with the daily timeframe still showing a bearish structure.
Greeks.Live: Most traders are skeptical of the recent BTC breakout, and the daily timeframe still shows a bearish structure.
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