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Douglas MccoyDouglas Mccoy

bitcoin is stuck—but traders are betting on a breakout to $130K

For the past 50 days, Bitcoin has been trapped in a tight range between $100K and $110K. It’s been quiet—too quiet. But beneath the surface, something is building. Options traders on Deribit have been quietly loading up on September calls. Not just any calls—$115K, $130K, even $140K strike prices. These aren’t random moonshots. They’re coordinated, targeted bets that BTC volatility is about to return. According to QCP Capital, some of the bigger players are positioning for a breakout past $110K. That’s not just speculation—it’s structure. They're holding spreads, not gambling, and that says a lot about how they see Q3 unfolding: not slow and sideways, but sharp and bullish. What could trigger the move? The June Fed minutes drop this Wednesday. Add to that the extension of the 90-day tariff pause, and macro tailwinds are aligning. If BTC breaches $110K with volume, we could see volatility come rushing back—and this time, to the upside. In a market pinned to historic low vols, it’s easy to be lulled into thinking nothing will change. But when options start whispering “$130K,” it might be time to listen. #Finance #MakeMoney

9 days ago
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