With Bitcoin recently flirting with record highs, options traders are now setting their sights on a jaw-dropping target — $300,000. Market sentiment has shifted bullishly as tensions between the United States and major trading partners ease, bringing a wave of renewed investor confidence.
This surge in optimism is reflected in the derivatives market, where a growing number of call options are being placed at ultra-high strike prices. Analysts say this bullish betting is driven by macroeconomic clarity, increasing institutional adoption, and Bitcoin’s historical pattern of explosive growth post-halving events.
Experts caution, however, that while the $300K target grabs headlines, it’s also reflective of strategic hedging rather than guaranteed belief in that price. Still, the aggressive sentiment illustrates how traders expect a significant upside, especially with global liquidity tightening less than expected.
Whether or not Bitcoin hits $300K, one thing is clear — the crypto king is back in the spotlight, and traders are strapping in for a potentially wild ride.