BitBot to Pre-Sale First BTC Options Ahead of ETF Approval Period Uncertainty
BTC options expiration shows short-term volatility after ETF validation. Bitbot's pre-sale on January 17th promises to bring unprecedented excitement to self-sustaining solutions. With a total supply of 1 billion tokens, Bitbot is aiming for a $1B market cap and high specs.
In the year As 2024 signals the start of a new bull run, the crypto market is buzzing with excitement. Recent Bitcoin ETF Approval Sparks Short-Term Volatility BitBot, Revolutionary Telegram Trading Bot Set For Token Presale On January 17th
In this article, we explore exciting opportunities in the evolving crypto landscape, first exploring the expected expiration of Bitcoin options, the approval of a Bitcoin ETF, and the upcoming BitBot presale.
The first BTC Options Bitcoin ETF approval period expires
The approval of the Bitcoin Spot ETF on Wall Street has set off unprecedented market movements. Despite its historical significance, the price of Bitcoin is currently trading at $46,080 showing a closed response.
According to Greeks.Live, as of January 12, 36,000 bitcoin options are expiring, offering a put-call ratio of 0.9. With a Maxpain score of $45,000 and a value of $1.68 billion, the market expects a short-term rollercoaster ride.
Jan12 Options Data 36,000 BTC options are about to expire with a Put Call Ratio of 0.9, Maxpain point of $45,000 and a value of $1.68 billion. 262,000 ETH options with a call ratio of 0.64, a Maxpain score of $2,400 and a strike price ending at $680… pic.twitter.com/LSKNGKVjrH
— Greeks.live (@GreeksLive) January 12, 2024
Crypto Market Post-Bitcoin ETF Validation
While adoption of the Bitcoin Spot ETF offers long-term benefits, short-term uncertainties remain. Short-term implied volatilities (IVs) experienced highs before declining, creating caution and anticipation among investors.
Sentiment data suggests a possible post-ETF consolidation, with a modest decline in active Bitcoin (BTC) wallets. Although this does not have a significant effect on the price, traders can explore the transition to ETF exposure, which increases the coverage of market volatility.
Bitbot's presale buzz
As the crypto community grapples with potential market shifts, Bitbot, a Telegram bot, emerges as a disruptive force, providing a self-sustaining trading solution on Telegram. The Bitbot token presale, which is scheduled to begin on January 17th, will introduce new opportunities for excitement and investment.
Telegram bot offers a total of 1,000,000,000 tokens. The pre-sale, which spans eight stages, sees 30% of distributed tokens. To support continuous innovation, an additional 20% has been allocated to the Bitbot development team, ensuring long-term service.
Powered by MPC Tutor API technology, Bitbot's ultra-flexible wallet management makes it unique. The MPC system replaces private keys with private key shares, enhancing privacy and authenticity. Knightsafe, Bitbot's security partner, adds an additional layer of security with an open source and decentralized digital asset self-maintenance service.
Is Bitbot a good investment?
Well, any cryptocurrency investment activity is solely the responsibility of the investor. However, due to the volatile nature of the cryptocurrency market, a thorough background check and market analysis is required.
As Bitbot's pre-sale launch approaches, it's important to note that the Telegram bot will introduce an anti-MEV bot, a defense to thwart potential scams with MEV bots and anti-bot features. In addition, Bitbot users can mimic the trading style of top traders, enjoy a built-in referral program, and easily register and create an engaging user experience.
Bitbot's allocation strategy is focused on development, marketing and liquidity, aiming to achieve a $1B market cap and secure listings on major exchanges. Additionally, the upcoming $100k tournament adds to the excitement, making Bitbot a potential gem in the growing crypto landscape.
Summary
Amid market trends and the potential of a crypto bull run, Bitbot and Bitcoin stand out as key players.
BTC options expire and Bitbot's presale creates a dynamic landscape, offering traders and investors a myriad of opportunities.
