Bitcoin
Bitcoin (BTC)
$64,118.00 -0.21822
Bitcoin price
Ethereum
Ethereum (ETH)
$3,437.45 1.14466
Ethereum price
BNB
BNB (BNB)
$572.75 0.59764
BNB price
Solana
Solana (SOL)
$160.15 2.33681
Solana price
XRP
XRP (XRP)
$0.5717460 -10.03804
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.7545
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.48802
Pepe price
Bonk
Bonk (BONK)
$0.0000269 -0.17912
Bonk price
Bitcoin
Bitcoin (BTC)
$64,118.00 -0.21822
Bitcoin price
Ethereum
Ethereum (ETH)
$3,437.45 1.14466
Ethereum price
BNB
BNB (BNB)
$572.75 0.59764
BNB price
Solana
Solana (SOL)
$160.15 2.33681
Solana price
XRP
XRP (XRP)
$0.5717460 -10.03804
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.7545
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.48802
Pepe price
Bonk
Bonk (BONK)
$0.0000269 -0.17912
Bonk price
Bitcoin
Bitcoin (BTC)
$64,118.00 -0.21822
Bitcoin price
Ethereum
Ethereum (ETH)
$3,437.45 1.14466
Ethereum price
BNB
BNB (BNB)
$572.75 0.59764
BNB price
Solana
Solana (SOL)
$160.15 2.33681
Solana price
XRP
XRP (XRP)
$0.5717460 -10.03804
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.7545
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.48802
Pepe price
Bonk
Bonk (BONK)
$0.0000269 -0.17912
Bonk price
Bitcoin
Bitcoin (BTC)
$64,118.00 -0.21822
Bitcoin price
Ethereum
Ethereum (ETH)
$3,437.45 1.14466
Ethereum price
BNB
BNB (BNB)
$572.75 0.59764
BNB price
Solana
Solana (SOL)
$160.15 2.33681
Solana price
XRP
XRP (XRP)
$0.5717460 -10.03804
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.7545
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.48802
Pepe price
Bonk
Bonk (BONK)
$0.0000269 -0.17912
Bonk price

Bitcoin options traders anticipating new all-time high

bitcoin-options-new-all-time-high
Edited by
Markets
Bitcoin options traders anticipating new all-time high

Crypto investors are targeting record Bitcoin prices with increased call options activity on the market.

Data from Bloomberg Intelligence highlights a marked rise in the activity for call options expiring on Mar. 29 at strike prices of $60,000, $65,000, and $75,000. This comes despite Bitcoin having achieved its all-time high of $69,000 more than two years ago, in November 2021.

A high activity level in the options market indicates significant speculative interest and strategic positioning among Bitcoin investors. 

When traders heavily invest in call options at strike prices above the current market price, it suggests a bullish outlook, as they anticipate the asset’s price will rise to or beyond these levels. This heightened activity reflects the market’s sentiment and expectations for future price movements and increases volatility and liquidity. 

On Monday, Bitcoin surged to $50,000 for the first time in two years and also recorded seven days of consecutive gains. Following this uptick, BTC experienced a price correction, trading back at $49,000, as traders capitalized on the recent rally. 

Key factors such as anticipated reductions in interest rates and the forthcoming halving event are seen as primary catalysts with the potential to elevate Bitcoin’s valuation further.