Bitcoin is on its way to making a new ATH in the light of this data!

Data from options markets indicated that investors expected a new peak in Bitcoin (BTC).

Data provided by Bloomberg revealed the appetite of options markets for new highs in Bitcoin. Especially Bitcoin 48 thousand dollars with breaking the band 60, 65 And 75 Serious clusters were seen in call options aimed at thousand dollar levels.

On Deribit, the world’s largest cryptocurrency-based options exchange, for the end of February. 60 thousand While dollar options are in demand, end-of-June futures options are in demand. 75 thousand USD strike price came to the fore.

While the buying appetite, which increased after the US spot Bitcoin ETF approval, took a new shape with the Bitcoin halving that will take place in April, investors set their sights on a new peak in Bitcoin. Especially 50 thousand dollars of the level after 2 years With the breakout, investors’ buying pressure on Bitcoin also increased.

According to CoinGecko data, in the last 24 hours 0.9% Bitcoin losing value at the time of writing From $49,596 is being traded.

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