It has been a bumper beginning of the year for Bitcoin with the price pushing past US$20,000 and delivering double-digit percentage gains in the last 2 weeks. But… in the BTC options market there is a confluence of puts forming around the US$14-15,000 price level. So what can Bitcoin options data tell us about market sentiment and potential BTC price movement?
Source: https://bravenewcoin.com/insights/signals-from-the-bitcoin-options-market-is-a-price-drop-coming