Crypto traders are increasingly optimistic that Bitcoin will reach $130,000 by year-end, despite recent market fluctuations. Data from Glassnode and Deribit indicates a surge in call options and bets targeting the $130,000 to $150,000 range. Analysts at Bitfinex caution that this optimism is driven more by speculative sentiment than economic fundamentals, as the U.S. government shutdown has postponed key economic reports. On Polymarket, over $33 million has been staked on Bitcoin's price, with 52% of bets predicting it will hit $130,000. Currently, Bitcoin trades at $111,600, marking an 11% decline from its recent high.