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Imran Lakha

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NEWSJUL 16, 2026
Bitcoin Options Market Points to a Lower Upside Ceiling as $70,000 Call Takes Lead
Bitcoin options positioning has shifted as the $70,000 call becomes the market’s most crowded bullish strike, replacing the long-dominant $80,000 call. The change suggests traders may now view the upper end of bitcoin’s near-term range as lower, while dealer hedging could slow rallies above that level.