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Insiders: The recent rapid pump in BTC price may experience a short-term pullback in one to two months.
Odaily Planet Daily News The $11.8 billion Options contract expiring on December 27 may trigger a Fluctuation and impact price dynamics. The encryption Options contract is a type of financial Derivatives that allows traders to buy or sell assets at a specific price, but without any mandatory obligations. Gabriele Giancola, CEO of Qiibee, said that a short-term pullback may occur in the near future: "Given the rapid pump in prices recently, a short-term pullback in the next one to two months is possible." But he remains optimistic about the long-term prospects: "That being said, the long-term prospects for BTC remain extremely strong."