The normies and the johhny-come-latelys and the squares and the bagholders are all positively freaking out about THE NEW BITCOIN BEAR MARKET.
The panic on the interwebs is fun to watch from the sidelines.
Meanwhile, the disciplined, stoic, plan-based options trader in me is watching the action and ever-rising options premiums, and it's got me thinking that it would be a good time to fade some of the fear.
Not directionally per se, but more the fear premiums.
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