Covered Call Selling by Bitcoin Whales Is Weighing on Spot Prices, Analyst Says

December 14, 2025

Bitcoin’s struggle to regain upside momentum near the $90,000 level may be less about weak demand and more about how large, long-term holders are managing their exposure, according to market analyst Jeff Park. Key Takeaways: Bitcoin’s muted price action near $90,000 is being driven by covered call selling from long-term … 

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