Analysts who closely monitor traditional markets have started calling for a volatility spike in cryptocurrencies due to dire macroeconomic conditions.
According to the Labor Department, unemployment in the United States reached 3.5% in September, the lowest in 43 years.
— Otto Suwen (@OttoSuwenNFT) October 5, 2022 In the above example from Oct. 5, Otto Suwen, a tokenomics expert and NFT influencer, expects a potential break-out in either direction, but in his opinion, an upside break is most likely.
Conviction in volatility is essential, as the risk-reward is reversed For this investor to profit, one needs Bitcoin’s price to be below $17,720 on Nov. 25 (down 8.9%) or above $22,070 (up 13.6%).
Notice that the investor can revert the operation before the options expiry, preferably right after a strong Bitcoin price move.

Source - Coin Telegraph