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Deribit Exchange Signals Bullish Momentum as Bitcoin Eyes $100K Breakout
Deribit Exchange Signals Bullish Momentum as Bitcoin Eyes $100K Breakout
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Deribit exchange News -
Bitcoin options markets are flashing bullish signals as traders position for a potential push toward $100,000. Over $8 billion in Bitcoin and Ethereum options expired during Asia’s trading session, with BTC contracts representing $7 billion of that total. The cryptocurrency defied typical max pain theory—remaining firmly above the $86,000 strike price—and climbed to $94,581 post-expiry.
Deribit’s monthly options settlement saw unusually strong momentum, suggesting institutional players are accumulating upside exposure. market makers appear reluctant to suppress volatility, leaving room for explosive price action. The $100,000 psychological barrier now serves as the next key battleground for bulls.
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