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Bitcoin traders kick off 2026 with bets on price rally above $100,000

CoinDesk
Bitcoin traders are increasing options bets targeting a price rally above $100,000 early in 2026.

Summary

Bitcoin traders started 2026 by significantly increasing their bets on a price rally into six figures, evidenced by a notable uptick in interest for the $100,000 strike January expiry call option on Deribit. The open contracts for this specific option increased by 420 BTC in 24 hours, representing a $38.80 million notional growth, the most among all January calls. This bullish positioning aligns with sentiment from 2025 and could intensify if Bitcoin's price moves beyond $94,000, according to QCP Capital, noting that dealer positioning suggests they are now short gamma to the upside following recent spot price increases.

(Source:CoinDesk)