The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market

Coindesk
25 Oct 2024
  • The way BTC options trading on Deribit are currently priced suggests a 9.58% chance of prices rising above $100,000 by Dec. 27.
  • The possibility of prices rising to $82,000 is higher, according to one observer.
  • Options market probabilities can change quickly with market conditions.

As sophisticated and retail investors rally around the possibility of bitcoin's (BTC) price surging to at least $100,000 by the year-end, the options market tied to the cryptocurrency assigns a low probability of such a surge materializing.

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