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Bitcoin Continues to Record High, Options Trader Points at 120,000 Dollar Target

Bitcoin has set another all-time high as options traders aim for higher price ranges. As Bitcoin broke through the $113,000 mark for the first time, the Deribit exchange's unpositioned squaring contract was clearly concentrated towards the strike price 115,000 and $120,000 call options. Longer term options expiring in late September and December, the unpositioned squaring contract has been extended to the strike price of $140,000 and $150,000. This breakthrough rally, fueled by institutional dem...

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2025-07-10 18:50:17
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