Options Traders Bet Bitcoin Price Could Break Record Highs by End of June

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Bitget2024/05/10 15:59

May 10 (Bloomberg) -- Bitcoin options data shows that call options expiring through the end of June are focused on a strike price of $75,000, according to The Block.Ruslan Lienkha, director of markets at YouHodler, noted that many traders expect the price of bitcoin to surpass its all-time high of $73,000. While the bitcoin price is likely to remain stable in the short term, options trading activity suggests that the market is optimistic about future moves.

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