$BTC bulls regain momentum: Derivatives suggest price could soar to $105,000
#Bitcoin Despite recent price volatility, signs of a bullish sentiment are re-emerging. Although Bitcoin briefly fell below $92,000, it has since rebounded, showing resilience.
Key indicators suggest a potential rebound:
-Futures premium: $BTC futures contracts are trading at a significant premium, indicating strong demand for leveraged long positions.
-Options data: The current put/call ratio remains relatively low, suggesting that market participants are not overly bearish.
-External factors: The recent recovery in traditional markets, coupled with rising US Treasury yields, may further drive Bitcoin's upward trajectory.
These factors collectively indicate that Bitcoin may be poised to break through the resistance level of $105,000.
#BTC price analysis#比特币市场波动观察