Bitcoin options are showing bullish sentiment with significant activity between $100,000 and $120,000, and speculative bets reaching as high as $300,000. Glassnode data highlights a concentration of call options at $130,000, reflecting positive market sentiment. This optimism is driven by sustained ETF inflows, which totaled $1.3 billion on October 2. Analysts from B2BINPAY suggest Bitcoin could test the $130,000–$140,000 range if ETF inflows persist, although a potential correction to $105,000–$110,000 is possible if macroeconomic conditions tighten.
Bitcoin Options Market Bullish as ETF Inflows Hit $1.3 Billion
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