Bloomberg: BTC Options Traders Bet on a Rise to $300,000 by the End of June, but Prediction Market Probability Remains Cautious

Bloomberg revealed that the number of open contracts for Bitcoin call options expiring on June 27 with a strike price of $300,000 on Deribit ranks second, only behind contracts with a strike price of $110,000. The current Bitcoin price is approximately $107,000, and if it rises to $300,000, it would mean a 181% increase. Despite the optimistic market sentiment, analysts point out that without significant catalysts, it is difficult for the price to achieve such a substantial increase.

Additionally, data from Polymarket indicates that the market believes there is only a 9% probability of Bitcoin reaching $250,000 this year. Currently, Bitcoin is approaching the all-time high of $109,241.11 set on January 20. The market recovery, corporate interest, and policy support are considered the main factors driving the recent rise in Bitcoin.