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Pro traders adopt a hands-off approach as Bitcoin price explores new lows

Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried.

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bitcoin
Bitcoin (BTC) $ 22,042.91
ethereum
Ethereum (ETH) $ 1,751.16
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 0.347728
dogecoin
Dogecoin (DOGE) $ 0.070311
polkadot
Polkadot (DOT) $ 7.50
binance-usd
Binance USD (BUSD) $ 1.00
uniswap
Uniswap (UNI) $ 6.95
litecoin
Litecoin (LTC) $ 56.10
bitcoin-cash
Bitcoin Cash (BCH) $ 120.95
solana
Solana (SOL) $ 36.29
chainlink
Chainlink (LINK) $ 7.12
stellar
Stellar (XLM) $ 0.110635
shiba-inu
Shiba Inu (SHIB) $ 0.000013