Has Bitcoin Found a Bottom?

Published on
June 2nd, 2022
42 minutes

Why Andy Warhol Would Be the First to Make an NFT

Has Bitcoin Found a Bottom?

Featuring Imran Lakha and Ash Bennington

Published on: June 2nd, 2022 • Duration: 42 minutes

Bitcoin has recovered a bit, and altcoin prices have stabilized. Is the status quo sustainable, or is there more downside ahead? Option Insight's Imran Lakha joins Real Vision's Ash Bennington to discuss Bitcoin, Ethereum, and the trajectory of the cryptocurrency market. Under one scenario defined by Elliott Wave theory, Lakha has identified potential downside targets of $20,000 and $1,000 for Bitcoin and Ethereum, respectively. Imran also walks Ash through the crypto options markets, explaining the significance of realized and implied volatility, term structures, put skews, and option flows. What kinds of trades can we make using this volatility data? And how is Imran playing this downturn? He answers these questions and more in today's episode. Recorded on May 30, 2022.