Bitcoin derivatives signal panic. A weak core PCE reading could trigger snapback. (opens original article in a new tab)

Bitcoin's market shows signs of panic with increased downside protection premiums, as U.S. inflation data could impact its direction. Oil prices have fallen, and MSTR stock exhibits a bearish pattern.

• Bitcoin derivatives show increased downside protection premiums
• U.S. core PCE inflation data could influence Bitcoin's price direction
• Oil prices have dropped significantly from recent highs
• MSTR stock shows a major bearish pattern