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Options Flip to Show Stronger Bitcoin Into July

Expectations for bitcoin's (BTC) price over the next six months have turned positive after a long time, in another sign of confidence in the cryptocurrency's latest bull revival.

Bitcoin's 180-day call-put skew has crossed above zero for the first time since the start of 2021, indicating that bullish call options expiring in six months have become pricier than bearish put options, according to chart sourced from digital assets data provider Amberdata.

(By Omkar Godbole)

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