Bitcoin Price Forecast: BTC Traders Bet on Sub-$80K New Year: Derive
CoinDesk
Derive's Nick Forster suggests market positioning implies a high probability of Bitcoin trading below $80,000 at the start of 2026.Summary
According to Nick Forster, co-founder of Derive, Bitcoin traders are increasingly adopting defensive positions, evidenced by a sharp increase in put options, particularly for the December 26 expiry at the $84K and $80K strikes. This positioning suggests a meaningful probability that BTC will trade below $80,000 at the start of 2026. As of the report, BTC was trading near $87,000, down 30% from its October 8 high of over $126,000. Forster believes the downtrend is not over, noting that short-dated volatility currently exceeds long-dated volatility, signaling expectations for significant price swings heading into the new year.
(Source：CoinDesk)