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Here’s how pros safely trade Bitcoin while it range trades near $40K

June 14, 2021 by DIGIT
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Traders who are unsure about Bitcoin’s chance of continuation above $40,000 can use a combination of protective put options to generate profit.

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Categories Bitcoin, BTC Price, Deribit, derivatives, hedge, options
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  • bitcoinBitcoin(BTC)$78,375.00-5.34%
  • ethereumEthereum(ETH)$2,393.02-9.09%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$769.60-7.80%
  • rippleXRP(XRP)$1.64-2.98%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$104.66-9.31%
  • tronTRON(TRX)$0.285400-1.61%
  • staked-etherLido Staked Ether(STETH)$2,393.05-9.12%
  • dogecoinDogecoin(DOGE)$0.105890-4.96%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$78,375.00-5.34%
  • ethereumEthereum(ETH)$2,393.02-9.09%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$769.60-7.80%
  • rippleXRP(XRP)$1.64-2.98%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$104.66-9.31%
  • tronTRON(TRX)$0.285400-1.61%
  • staked-etherLido Staked Ether(STETH)$2,393.05-9.12%
  • dogecoinDogecoin(DOGE)$0.105890-4.96%