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This simple Bitcoin options strategy lets traders profit while also hedging their bets

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cointelegraph.com

For traders who are undecided on Bitcoin's (BTC) move, the "long condor with call options" yields optimal results with very low risk.

This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600, and returns a positive outcome up to $67,500.Options markets provide more flexibility to develop custom strategies.

Read more on cointelegraph.com
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