Bitcoin Bulls Eye $95K Price While Options Bears Quietly Load Up

Bitcoin’s derivatives market is carrying $54.78 billion in futures open interest, while options traders are stacking bullish bets around $90,000, $95,000, and $100,000 with bitcoin trading between $79,262 to $81,939 this week. On Thursday, the market’s speculative machinery is humming, although not everyone agrees on which direction the next move takes. According to Coinglass data , aggregate bitcoin futures open interest stands at 672,480 BTC, valued at approximately $54.78 billion. Open interest, which measures outstanding derivatives contracts that have not been settled or closed, increased 0.98% over the past hour, 1.59% over four hours, and 1.46% over 24 hours.

Source: Bitcoin.com News