Bitcoin Options Traders Eye $100K Cash-In as Analysts Predict $150K Top

1 min read
Source: Bitcoinist
Bitcoin Options Traders Eye $100K Cash-In as Analysts Predict $150K Top
Photo: Bitcoinist
TL;DR Summary

Bitcoin's price surge and increased volatility have led to a surge in bullish sentiment, with traders showing confidence in the cryptocurrency's potential to reach or surpass the $100,000 mark through significant block trades of call options. The anticipation of the upcoming halving event further fuels optimism, as Bitcoin's price surpasses $71,000 and sees substantial inflows into spot Bitcoin ETFs, indicating growing interest in the digital asset as an investment avenue.

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