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Bitcoin Options Market Assigns Low Probability to $100K Year-End Surge

Bitcoin Options Market Assigns Low Probability to $100K Year-End Surge

CointimeCointime2024/10/25 08:55
By:Cointime

The current pricing of BTC options trading on Deribit indicates a 9.58% chance of prices exceeding $100,000 by Dec. 27. However, an observer suggests that the possibility of prices reaching $82,000 is more likely. It is important to note that options market probabilities can change rapidly with market conditions. Despite the excitement from investors about the potential for bitcoin's price to reach $100,000 by year-end, the options market for the cryptocurrency assigns a low probability to this outcome.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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