Bitcoin derivatives traders are anticipating a price increase amid a shift from puts to calls, influenced by institutional activity and regulatory clarity discussions, as reported on CNBC International.
This market sentiment underscores potential price growth, contrasting historical September declines and highlights institutional engagement’s impact on cryptocurrency trends.
The Bitcoin derivatives market shows a shift towards bullish sentiments despite traditional September weaknesses. Institutional custodians and research analysts highlight this trend.
Prominent figures like Markus Thielen emphasize the shift from puts to calls in Bitcoin options, indicating optimism towards price growth, supported by significant institutional inflows. He noted, “There’s a huge money shift going…out of the US dollars…and into Bitcoin and I think that’s really driving the Bitcoin price higher …your research team flagged this shift from puts to calls in the options market…people are looking really at the round numbers.”
Derivatives traders expect Bitcoin prices to target ranges between $123K-$130K. Institutional action reflects positivity with ETFs reporting substantial inflows, fostering confidence.
Analysts highlight a potential bullish outcome with current trading volumes and option trends. Historical sentiment gives credence to expectations of increased Bitcoin demand and pricing shifts.
Previous Septembers have seen average declines, yet present institutional dynamics deviate from historical patterns, offering a unique market perspective. Source
Expert evaluations reveal consistency between current trends and past bullish market cycles. Data projects potential for lasting growth, with experts asserting favorable long-term trajectories.
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