Bitcoin bucks downtrend with rally to $85.8K — Are BTC bulls really back?

Quick Summary:

Bitcoin sentiment dims as stock market ties dent bullish momentumTraders’ brief excitement can be linked to President Trump’s April 13 announcement that tariffs on imported semiconductors would be reviewed during the week.

Bitcoin 2-month futures annualized premium.Source: Laevitas.chThe premium on Bitcoin monthly futures contracts peaked at 6.5% on April 11 but has since dropped to 5%, which is near a neutral to bearish threshold.

Bitcoin 30-day options 25% delta skew (put-call) at Deribit.Source: Laevitas.chOn April 13, the Bitcoin options delta skew briefly dipped below 0%, signaling mild optimism.

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Article Details

Author / Journalist: Cointelegraph by Marcel Pechman

Category: Crypto

Markets: United StatesChina

Topics: Announcement Show Markets Sentiment April Traders’ Options Traders Premium Futures Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 21:15:00 (6 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 669 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27881904

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 28 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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