According to the data, Bitcoin investors are in an uptrend and Cryptocoin. com
Even with the current 50 percent correction, which we also report as , most analysts remain optimistic. According to many, one reason for investors’ eternal optimism and belief in endless bullishness may be the declining issuance of BTC and the fixed supply cap of 21 million coins. However, many cannot predict sudden collapses or rises in fiyadollarsars.
Bitcoin and options market: What does the data say?
Some investors are targeting $100,000 or higher for the end of 2021. According to experts, the difference between value and price becomes more pronounced, triggering this situation. However, according to one expert, it is necessary to analyze the purchases available in the options markets to see what odds are placed on the price.
According to crypto analyst Marcel Pechman, while call options dominate compared to put options, he points out that this is common for every asset class in the long run. However, according to the analyst, a $50,000 call option indicates more than a $200,000 call option, as the price will be noticeably different.
Currently for $50,000 BTC, call options on December 31 are worth $4,350. Meanwhile, $200,000 call options are worth $415. Investors often sell higher options and buy lower options at the same time, and it is often wrong to assume that investors only buy ultra bullish call options.
According to options markets, $100,000 is still valid
According to the Black & Scholes model, the mathematical probability of the current $1,185 price for a $100,000 call option is 13%. It is worth noting that this methodology only considers the price on December 31st and does not count the $99,999 price as a success. Despite this, there is strong evidence that professional traders are still considering $100,000 year-end options. Reaching this level may seem very difficult right now, but Bitcoin’s volatility leaves room for surprises, especially considering we are still halfway through the year.