Bitcoin Call Options Surge As Traders Target $95K

Traders have concentrated 4.5 billion dollars of bitcoin call options between 90000 and 100000 dollars, with an expiration set for October 30. This accumulation reflects a renewed interest in a BTC price increase, without constituting a unanimous market forecast. Bitcoin is trading around 83000 dollars , after regaining part of the lost ground earlier this month. On the options market, call contracts now represent 60.24% of open interest, versus 39.76% for put options. The October 30 expiration concentrates a large part of these positions.

Source: Cointribune