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Bitcoin Options Play Shows $100K Target Back in Bulls' Crosshair

The $100K call option has become the most favored bet, with a notional open interest of nearly $1.2 billion.

Deribit BTC options: Distribution of open interest in calls. (Deribit/Amberdata)
Deribit BTC options: Distribution of open interest in calls. (Deribit/Amberdata)