#Deribit: 32% chance of Bitcoin breaking $100,000 by month's end#
Hot Topic Overview
Overview
Lin Chen, Head of Asia Pacific Business at cryptocurrency exchange Deribit, said on social media platform X that according to options market data, the probability of Bitcoin breaking $100,000 by the end of this month is only 32%. This means the market is cautious about a significant rise in Bitcoin in the short term, believing that the chances of it breaking $100,000 are not high.
Ace Hot Topic Analysis
Analysis
Lin Chen, Head of Asia Pacific Business at Deribit, said on social media platform X that according to options market data, the probability of Bitcoin breaking $100,000 by the end of the month is only 32%. This data suggests that despite the recent warming of market sentiment, the options market does not have a strong expectation for short-term price gains for Bitcoin. This may be related to the recent uncertainty in the macroeconomic environment and factors such as regulatory risks. While a 32% probability is not entirely impossible, this data also reminds investors that Bitcoin's price volatility remains high, and there may not be a significant price surge in the short term.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Option markets are cautious about Bitcoin breaking through $100,000 by the end of the month, with a probability of only 32%,
Deribit option market data shows that the possibility of Bitcoin breaking through $100,000 by the end of the month is low,
Option market data can be used as a reference, but it cannot fully represent the overall market trend,
Bitcoin price movements are affected by a variety of factors, and option market data is just one reference indicator.