Bulls Reveal Themselves in Bitcoin: Huge Purchases Have Arrived for 200 Thousand Dollars!

Option investors in Bitcoin started to make predictions on 6-digit prices for the coming months.

Data on Deribit, the world’s largest cryptocurrency-focused options market, revealed investors’ bullish appetite for Bitcoin. While there is a surge in interest similar to the past bull market, investors on Deribit $200,000 Bitcoin option increased its purchases.

Approximately 3 times the current price Notional trading volume for this $200,000 in options as of March 8 $20 million He climbed on it.

of this amount $14.6 million on December 7 that will end $200,000 in options locked. The remaining denominator focused on the June and September maturity dates. So the majority of investors will buy Bitcoin by the end of this year. At $200,000 While some are planning to see it, some have taken the position that this may happen towards the end of the summer.

According to CoinGecko data, in the last 24 hours 1% rise Bitcoin exhibiting, at the time of writing From $67,409 is being traded.

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