NewsBTC •
May 2, 2026 at 11:20 •
Analysis
The Bitcoin market registered a significant rally in April with prices rising over 14%. In this first month of Q2 2026, the leading cryptocurrency reached a local peak of $79,000 before slipping into its current mini-consolidation. As prices remain range-bound, data from the Bitcoin Options market has highlighted traders’ expectations, which include a potential short squeeze ahead. Related Reading: Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again Call Positioning Builds At $80K To Create Resistance Zone In an X post on May 1, analytics platform Glassnode shared an insightful update on the Bitcoin options following a general positive performance in April. This month, Glassnode analysts reported that implied volatility notably ...
