Traders Bullish on Bitcoin: $70K by June, $100K on Horizon

Traders Bet Big on Bitcoin Surpassing $70,000 by June, Eyeing $100,000

Traders are eagerly placing their bets on Bitcoin’s future, with many believing that the digital asset will soar above $70,000 by June. Optimistic investors have even set their sights on the milestone of $100,000. Data from derivatives platform Deribit reveals a significant influx of positions that will profit if Bitcoin surpasses $70,000 by June 28, totaling over 2,700 open bets. Additionally, there are approximately 1,500 open positions that will pay off if Bitcoin exceeds $100,000 by the end of June.