#BTC110KToday? $BTC Bitcoin targets $110K as optimistic investors take the lead ahead of $20 billion options expiration.
The Bitcoin options market is bullish, with $11.2 billion in call options against $8.8 billion in put options.
BTC is trading above $107K amidst favorable macro winds, ETF inflows, and easing geopolitical tensions.
The new guidance on cryptocurrency mortgages from the FHFA could generate even more institutional interest.
Bitcoin (BTC) is gaining momentum ahead of the massive $20 billion options expiration on June 27, with optimistic investors aiming for a breakout towards the $110,000 level. After recovering from a six-week low near $98,000, BTC rose to $107,682—a more than 2% increase in 24 hours—with macroeconomic conditions, ETF flows, and regulatory headlines boosting market sentiment.
Open interest data shows $11.2 billion in call options against $8.8 billion in put options, with most bearish bets concentrated below $101,000. This structure gives bullish investors a clear advantage unless a sharp drop occurs before expiration.