Crypto Whales Eye $130,000 Bitcoin: Is a Q3 Volatility Surge Imminent?
Despite the crypto market's unusually calm waters, big players are quietly positioning for a massive shake-up, and it could send Bitcoin soaring past $100,000!
According to insights from QCP Capital, while volatility has been hovering near historic lows, a decisive breach of the $110,000 resistance level could be the catalyst for an explosive new wave of trading activity.
And it seems some of the market's savviest investors are already placing their bets. We're seeing large investors scooping up September call options with a $130,000 strike price. This isn't just a casual wager; it's a strong signal that they anticipate significant upside.
Adding to the bullish sentiment, these same whales are firmly holding onto call spread combinations with strike prices of $115,000 and $140,000. This strategy underscores a widespread market expectation for a structurally bullish trend throughout the third quarter.
Could this be the calm before the storm? All signs point to a potentially thrilling Q3 for Bitcoin as institutional money continues to signal strong confidence in its upward trajectory. Are you ready for the ride?