ilmscore | Prediction Details
"this basically means that could put upside pressure on bitcoin because they' have to go and buy more and more Bitcoin to short their to to hedge out this short gamma and this could what they call a gamma squeeze or what not it's basically a short squeeze and it could basically be rocket fuel for the price of Bitcoin around these expiry dates"
By Coin Bureau | September 23, 2024 | Pending
From video
Crypto News: BTC, SUI Pump, Fed’s Rate Cut, BlackRock ETFs, SOL & More! 00:13:13 - 00:13:27
Interpreted Prediction
The approval of Bitcoin ETF options could lead to a gamma squeeze, acting as 'rocket fuel' for Bitcoin's price around expiry dates.

Prediction Details

Ticker
BTC
Initial Price
63,344.04 USD

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