Bitcoin : Profiting with the BTC CALL Plunge Strategy

Bullish View on BTCUSDT

Trade:

Buy 45000 Call option of 30 December expiry @ $150
Sell (2x) 46000 Call option of 30 December expiry @ $70 each

Stop Loss: Spot level = $42400

Target: Spot level of $46000

Max Profit: 11000/BTC

Rationale:

BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 44000 during the recent trading session, signifying a promising upward trajectory.

Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.