Bitcoin Options Traders Bet on $100,000 Price Target After Market Drop
Following a year-end market downturn, Bitcoin options traders are focusing on a potential price target of $100,000. This activity in the options market suggests some investors anticipate a significant price increase for Bitcoin in the future. Options trading allows investors to speculate on the future price of an asset, and the current positioning indicates a bullish sentiment among some traders, despite recent market volatility. The options market can provide insights into investor expectations and potential future price movements.
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