The market shows no anticipation for a year-end Santa rally for Bitcoin. Analysts observe a stabilized price just above 80,000 USD with predictions of a potential Fed rate cut of 25 basis points.
Analyst Jake Ostrovskis notes a bearish outlook with reduced bullish betting in the options market. The 25 Delta Risk Reversal indicator also illustrates negative sentiment, reflecting investor caution despite recent recovery to around 89,000 USD.
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