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BTC traders see “limited upside” in short-term after strategic reserve twist

Recent developments from the Bitcoin Strategic Reserve have led options traders to reassess their positive outlook. The lack of decisive actions and a recent vague executive order from the Trump administration have contributed to this sentiment.

On January 24, 83.3% of Bitcoin options were sold calls, showing traders’ bearish views. As of publication, BTC traded at approximately 105,100 USD, reflecting a decline of 3.8% from its all-time high.

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