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BlackRock Doubles Down on Bitcoin ETF—$110K BTC Price Target in Sight?

BlackRock Doubles Down on Bitcoin ETF—$110K BTC Price Target in Sight?

Author:
Cryptonews
Published:
2025-05-23 12:50:36
7
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Wall Street’s trillion-dollar whale just placed another bet on crypto. BlackRock’s latest Bitcoin ETF moves suggest institutional FOMO is accelerating—right as BTC flirts with all-time highs.


The Institutional Floodgates Are Open

When the world’s largest asset manager starts stacking Bitcoin exposure, markets pay attention. Their recent filings reveal aggressive ETF positioning that could send shockwaves through retail trading desks.


A $110K Catalyst?

Technical charts show Bitcoin’s consolidation phase mirroring pre-bull run patterns from 2020. With spot ETF inflows hitting $1.2B daily, the stage is set for a potential supercycle—assuming the SEC doesn’t suddenly remember it hates innovation.

As always in finance: follow the money. Even if it’s headed towards an unregulated digital asset that keeps bankers awake at night.

Options Point to $120K Targets for Bitcoin

Options are bullish medium term. Deribit’s order book shows $23 billion in call options vs $13.9 billion in puts – more traders are betting on higher prices. The skew is heavily in favor of upside bets especially for June expiry where large positions are building at strike prices between $110,000 and $130,000.

Block Scholes notes an increase in out of the money calls and the overall put/call ratio is 0.61 – more bullish. There’s a lot of activity at strikes above current levels with $420 million and $620 million notional value on the $200K and $300K calls respectively.

  • Call/Put volume: $23B / $13.9B
  • Top strikes: $116K–$130K near term
  • Long shots: $200K+ calls worth over $1B

Expiries Add Risk, June is the Promise; Bitcoin Volatile

25,000 BTC options worth $2.81 billion are expiring today which will add to short term volatility. The put/call ratio for today is 1.22 – NEAR term bearish.

The “max pain” level – the price where most options expire worthless – is at $104,000 so a further drop is possible if momentum doesn’t bounce back soon.

https://twitter.com/WuBlockchain/status/1925823556232863834

But most of the interest has shifted to June 27 expiries which now account for over 30% of total open interest. Analysts like Peter Yan say this is a sign of deeper institutional positioning and expectations of more volatility ahead.

Bitcoin Technical Outlook

Technically, Bitcoin price prediction seems bullish as BTC needs to reclaim the $108,400–$108,650 zone to get back in a buying zone. If not, next supports are at $107,077 and $105,905. The MACD is showing a bearish crossover and expanding red histogram bars – be cautious.

Bitcoin price chart Source: Tradingview
  • Today’s expiry: 25K contracts, $2.81B
  • Max pain: $104,000
  • June expiry OI: >30% of total
  • Watch zones: $108,650 reclaim or $107K break

Conclusion

BlackRock’s $20B bitcoin ETF exposure and record high options interest means BTC’s long term trend is up. But with technical pressure building and key options expiries in play, short term caution may prevail before the next breakout.

BTC Bull Token Nears $7.14M Cap as 71% Staking Yield Fuels FOMO

As the BTC/USD pair hovers near $108K, attention is rapidly turning to high-upside altcoins — and BTC Bull Token ($BTCBULL) is stealing the spotlight. With $6.17 million raised out of its $7.14 million cap, momentum is accelerating as the next presale price jump closes in fast.

What sets BTCBULL apart is its unique rewards model — token holders receive Bitcoin airdrops directly tied to BTC’s price rallies. The higher Bitcoin climbs, the more BTC gets distributed — with presale buyers receiving priority rewards over post-launch DEX investors.

  • USDT Raised: $6,221,583.95 / $7,136,435
  • Token Price: $0.002525
  • Staking Pool: 1.47B BTCBULL
  • Yield: ~71% APY

Built-in scarcity adds even more firepower: every time Bitcoin rises by $50K, BTC Bull triggers a token burn, reducing supply and increasing upside potential for long-term holders.

Meanwhile, staking is turning heads. BTCBULL offers a whopping ~71% APY on its Ethereum-based staking pool (currently holding 1.47B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity.

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