Bitcoin options professional traders are increasing pessimism about the $66,000 level in April due to rising fears about the future of the currency. This comes after the exit of David Sacks as the Crypto and AI czar and lack of a clear US Strategic Bitcoin Reserve plan were added to investors' doubts. Bitcoin (BTC) fell to $65,530 on Friday, an 8% decline from the $71,300 level seen on Thursday. This move wiped out over $210 million in leveraged bullish Bitcoin futures and left most call (buy) options worthless during the $18.6 billion monthly expiry. Traders now anticipate a 53% chance that Bitcoin will stay below $66k by April 24. The increasing uncertainty in the US and Israel-Iran war has led traders to demand higher returns on government bonds and led to rising oil prices and a potential $200 billion in extra US military spending.