Bitcoin options signal renewed push towards $100K

Bitcoin options traders are positioning for a potential move back to the $100,000 level following a sharp sell-off late last year.

Bloomberg data shows open interest is concentrated in call options expiring on January 30 with a $100,000 strike price.

These call contracts hold more than double the notional value of the next most popular position, which is $80,000 put options for the same expiry.

The shift reflects growing optimism after bitcoin fell 24% in the fourth quarter of 2025, when demand for downside protection surged.

Bitcoin prices have stabilised since then, rising as much as 3.6% on January 5 to trade near $94,800, the highest level in almost a month.

The rebound has been supported by renewed inflows into crypto investment products after weeks of sustained outflows.

Bitcoin exchange-traded funds recorded $697 million in inflows on January 5, following $471 million in inflows on January 2.

Ether exchange-traded funds also saw inflows of $174 million and $168 million on January 2 and January 5 respectively.

The inflows follow an early-October crash that erased around $19 billion in digital asset value in a single day.

Broader market sentiment has improved, with gold hitting record highs and technology stocks lifting equity markets.

Analysts caution that bitcoin has struggled to hold key technical levels, often triggering sharp pullbacks and liquidations.

Options data suggests a swift move through the $90,000 range, with a potential consolidation zone around $105,000.

At the time of reporting, Bitcoin price was $92,594.84.