BTC Price Over $100,000 AGAIN Soon?

Bitcoin Open Interest Surge: A Potential Breakout Signal

Recent data indicates a steady rise in Bitcoin’s open interest within perpetual futures markets. This surge suggests heightened trading activity, which often precedes a Bitcoin price breakout. Analysts highlight that while a significant price movement is expected, the direction remains uncertain and dependent on further market signals.

Bitcoin and Ethereum Options Set to Expire

Today, Bitcoin and Ethereum options worth approximately $2.04 billion are set to expire. These expirations frequently cause increased market volatility as traders rebalance their positions. The maximum pain price—the level at which the most options expire worthless—is $98,000 for Bitcoin and $2,700 for Ethereum. Since Bitcoin is trading near these levels, its price action may be influenced by option settlement pressures.

Bitcoin Price Prediction: BTC Price Over $100,000 AGAIN Soon?

Key Price Levels and Market Outlook

Currently, Bitcoin is trading around $98,774, with strong support levels between $91,000 and $95,000. The resistance level is near $103,900. If Bitcoin surpasses $100,000, it could trigger bullish momentum and push prices toward new highs. Conversely, if Bitcoin falls below $91,000, increased selling pressure might drive further declines. Traders are closely monitoring these key levels amid heightened activity in Bitcoin futures and options markets.