In this week’s podcast, Imran Lakha and David Brickell discuss the pause in the crypto rally which has led to some key supports being breached and what macro forces may be driving it.
The stronger dollar and China needing BTC to look less appealing to stop capital flight are factors that David dissects in more detail. Imran catches up with Greg Magadini from Amberdata to find out what he has his eye on in crypto vol space. They discuss the steep ETH skew term structure and whether the BTC halving “event” risk is overpriced in options. Overall, the macro picture is unchanged from David’s perspective and dips remain opportunities to buy although some caution in the near term may be warranted.
The following topics is covered:
0:00 – Introduction
1:04 – Recent developments in crypto & macro
4:23 – China starting QE?
8:32 – Thoughts on the Bitcoin halving
13:01 – Volatility update with Greg Magadini
22:50 – Thoughts on Greg’s view
23:58 – Trade ideas for Bitcoin
26:48 – Current outlook for Bitcoin
27:52 – How Imran should trade this outlook
29:10 – Key takeaways
Listen via Spofity:
Listen via Apple Podcast:
Don’t miss this podcast, stay tuned for more!
Disclaimer: The content presented on Crypto Options Unplugged is not intended as investment advice. Always conduct your own research.
AUTHOR(S)
We are the best resource for Crypto Derivatives trading. Deribit is not available in the United States or other restricted countries.