Bitcoin Options Traders Target $100,000 by Christmas Amid Fed Moves
- Options traders are focusing on a Bitcoin price retest of $100,000 by December.
- The Federal Reserve’s recent interest rate cut has coincided with increased bullish options activity.
- Over 18,360 bullish call options for Bitcoin at $100,000 expiring on December 26 are open.
- The heaviest concentration of bullish bets is deferred to March 2026 at $130,000 and $180,000 strikes.
- Bitcoin is currently trading around $89,500, down from its intraday high of $94,267 post-Fed decision.
Despite the Federal Reserve’s interest rate cut and subsequent spike in bullish options bets, analysts suggest that poor year-end liquidity and declining volatility make a major rally unlikely before Christmas. Instead, traders are preparing for potential gains in early Q1 of next year.
With Bitcoin trading below its recent highs and a significant portion of call options set for March strikes above current levels, the market shows cautious optimism for early next year rather than an immediate surge. (Source)
