Bitcoin $115K Bets Surge as Market Braces for CPI Shock—Will Fear or Greed Prevail?
Wall Street's favorite volatility trigger—the U.S. CPI report—has crypto traders scrambling. Bitcoin options show explosive demand for $115K calls, while put buyers hedge against a macro meltdown.
### The Gamma Squeeze Playbook
Market makers are trapped between institutional call buying and retail FOMO—liquidity's thinner than a DeFi stablecoin's backing. When the CPI print drops, expect either a violent squeeze past $100K or a flush toward $60K support.
### Institutional Jitters Meet Degenerate YOLOs
Hedge funds quietly accumulate OTM calls (because 1000% leverage wasn't risky enough), while crypto Twitter debates whether 'transitory inflation' is code for 'buy the fucking dip.' Meanwhile, the SEC still can't define a security.
This is what happens when you mix Fed policy with internet money—buckle up.