Investors Aim for 100 Thousand Dollars in Bitcoin: Here are the Predictions

Bitcoin (BTC) investors believe that the price will rise again despite the decline in the market.

According to CoinGecko data, the Bitcoin (BTC) price dropped by approximately 3% in the last 24 hours and fell below $ 64,000.

100 thousand dollars is targeted

According to the analysis of Singapore-based investment firm QCP Capital, Bitcoin investors started to buy call options with a strike price of $90,000-100,000 on contracts that will expire in December.

Call options give investors the right to purchase Bitcoin at a predetermined price at a future date.

According to Deribit data, the most popular options for June are $65,000, $68,000 and $70,000. For July and December, $110,000 and $95,000 options are preferred, respectively.

An increase is expected in the long term

Cryptocurrency investors expect the Bitcoin price to rise in the next few months. According to Amberdata data, the spread between call and put options has been in the positive zone for a long time.

According to Amberdata, the bid-ask spread in one-, two-, three- and six-month options is positive. This means that call options outweigh put options.

It is thought that the price of Bitcoin has fallen in recent days due to selling pressure from miners. Additionally, the German government also recently transferred $425 million worth of Bitcoin.