Bitcoin (BTC) price prediction: Three signals pointing to a possible jump to $85,000
CoinDesk
Bitcoin shows bullish momentum as on-chain data, futures positioning, and options market dynamics align, potentially driving the price toward $85,000.Summary
Bitcoin has risen past key technical levels, including the True Market Mean and Short-Term Holder Cost Basis, signaling a strong bullish trend. In the futures market, a shift in funding rates suggests that short-selling pressure is easing, potentially triggering a short squeeze. Furthermore, options market dynamics, specifically short gamma exposure among liquidity providers, may create a feedback loop that accelerates upward price action toward the $85,000 resistance level, provided broader equity markets remain supportive.
(Source：CoinDesk)