Bitcoin Traders Target $95K as Derivatives Bets Show Mixed Outlook
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin futures open interest stands at $54.78 billion, while options positioning points to bullish price targets alongside bearish bets.
Bitcoin’s derivatives market is showing contrasting expectations, with futures open interest totaling $54.78 billion, according to Bitcoin.com News. Bitcoin traded between $79,262 and $81,939 during the week.
Bullish options positions are concentrated around price levels of $90,000, $95,000 and $100,000. Those targets sit above the reported weekly trading range.
The report also highlighted bearish options bets, indicating that traders are not uniformly positioned for a rally. The figures describe speculative positioning rather than establish the direction of bitcoin’s next move.
Source: Bitcoin.com News
