Santa rally except he slides down the chimney, bangs your wife, and then leaves.

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Bitcoin options traders are tempering expectations for a Santa rally and are now looking to $130,000 and $180,000 strikes in Q1, 2026.

Bitcoin Traders Bet on 2026 Boom, Not a Santa Rally, Following Fed Rate Cut

Despite the Fed's expected 25 basis point rate cut, Bitcoin and altcoins experienced a decline. With decreased risk appetite in the cryptocurrency markets, Bitcoin retreated towards $90,000.
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