Bitcoin Traders Brace for Potential Drop

Bitcoin traders are getting ready for a possible price drop. They are using options to protect themselves. This is happening because of worries about the world economy and politics. Traders are buying more put options than call options. This shows they are worried about a price fall. Put options let traders sell Bitcoin at a certain price. This is like an insurance policy. The price of Bitcoin reached a record high of $111, 980 recently. But now, traders are worried it could drop to $100, 000. This is a big change from the high. The Federal Reserve is also a concern. They are trying to manage a tough economic situation. There are worries about inflation, jobs, and new tariffs. The Fed might keep interest rates the same. But traders are watching for any changes. A strong signal from the Fed could make the US dollar stronger. This could push Bitcoin's price down to $100, 000. The situation in the Middle East is also important. If things get worse, it could hurt Bitcoin's price.