Options traders are indicating a bullish outlook for Bitcoin (BTC) in the fourth quarter (Q4) of 2022. QCP Capital, a Singapore-based crypto trading firm, reported that investors are accumulating December call options with strike prices of $75,000 and $95,000. This bullish sentiment extends to October as well, with traders anticipating a potential rise in BTC's strength due to the likelihood of a more substantial rate cut by the Federal Reserve. However, the upcoming release of the U.S. consumer price index (CPI) data for September is being closely watched as it could impact the size of the Fed's rate cut decision.

#BTC