One can, after all, talk about whether or not the environment friendly market speculation holds or not. However, judging by the choices market, it seems just like the halving itself shall be a non-event. If something, merchants appear to be extra keen on hedging draw back threat with put choices than speculate on a big upside with OTM (out of the cash) name choices. Within the medium time period, there’s a bullish bias, however we’ve not too long ago seen a sluggish discount within the optimism within the choices market.