#BTC has only a 32% probability of breaking $100,000 by the end of the month.#
Hot Topic Overview
Overview
According to a recent post on X by Lin Chen, Head of Asia Pacific Business at Deribit, the options market shows only a 32% probability of Bitcoin breaking through $100,000 by the end of the month. This data suggests that while there are optimistic market sentiments regarding BTC price movement recently, the options market remains cautious about breaking through the $100,000 mark.
Ace Hot Topic Analysis
Analysis
According to Lin Chen, Deribit's Head of Business for Asia Pacific, in a post on X, the options market suggests a 32% probability of Bitcoin breaking through $100,000 by the end of the month. This data, derived from the options market's prediction of future price movements, indicates a cautious outlook on a significant short-term rally for Bitcoin. Despite recent price gains, the options market remains pessimistic about achieving the $100,000 target, potentially due to market uncertainty surrounding macroeconomic conditions and regulatory policies. Investors should closely monitor market dynamics and make investment decisions based on their individual risk tolerance.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Option market shows only a 32% chance of BTC breaking through $100,000 by the end of the month, Deribit executive Lin Chen believes the option market reflects market expectations for BTC's future price, the option market can be used as a reference indicator, but not an absolute prediction, the possibility of BTC breaking through $100,000 by the end of the month is controversial