QCP Capital Analyst: Bitcoin Options Traders Bet on September Call Prices to Break $100,000
QCP Capital analysts said that Bitcoin risk reversals have turned for the better, with call options now more expensive than put options. This shows investors' bullish sentiment as they are willing to pay more for options that benefit from Bitcoin's rise than for options that prevent price falls. It is reported that QCP Capital analysts said they have seen a resurgence in demand for September Bitcoin call options with a strike price of $75,000 and a $100,000 call option.