#Bitcoin Nears $100K: Is $115K Next?
Bitcoin hit $99,500 before settling at $98,675, building
anticipation for a $100K breakout. Analysts suggest $115K
could be possible by Christmas.
Key Drivers:
Liquidity Boost: Stablecoin inflows from Tether and Circle
added $13B in a month, increasing buying pressure across
exchanges.
ETF Options Activity: BlackRock Bitcoin ETF options show a
5.5:1 ratio of calls to puts, with traders targeting 110–120% gains.
This could trigger a gamma squeeze, propelling prices past
$100K.
Outlook:
Bullish: A breakout above $99,500 could turn $100K into support, paving the way to $115K.Bearish: If buying fades, Bitcoin might
drop toward $88,816 support, invalidating the rally.
Will Bitcoin conquer $100K or face a pullback?
