$BTC The options market indicates that Bitcoin buyers are back in control, with $100K as the next main target. Despite ongoing macroeconomic risks, strong demand for call options suggests that traders are betting on a sustained upward trend.
Bitcoin Options Play Indicates $100K Target Back in Buyers' Sights:
The $100K call option has become the most favored bet, with nominal open interest nearly $1.2 billion.
The bullish Bitcoin (BTC) options strategy is gaining popularity again, stabilizing key sentiment indicators that showed panic early last week.