🚀💥 Bitcoin $200K by Year-End?

📉 Options say <3% chance — but pros are playing it smart!

💡 Key Highlights:

💰 $8.8B Dec 26 expiry open interest

🔥 $1B+ in $200K calls

📈 $140K calls → 21% odds

🐻 $900M in puts → $50K–$80K targets

🧠 Pro Playbook:

📊 Call Diagonal Spread → Profit if BTC hits ~$146K by Oct

🎯 Inverse Call Butterfly → Max gains if BTC lands ~$160K in Dec

📊 Polymarket says: 13% odds for $200K — more bullish than Wall Street bets.

⚡ Takeaway: Not all $200K bets are “moon or bust” — traders are hedging for a wide range from $50K lows to $160K highs.

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