Options traders bet on bitcoin reclaiming $80,000 as inflation data steadies crypto markets steady despite Iran conflict
Why it matters: A $80k Bitcoin rally could reshape risk appetite and crypto allocations.
- Bitcoin held steady near $70,000 as inflation data eased, creating a calmer backdrop for bullish speculation.
- Options traders boosted demand for $80,000 call spreads, signaling confidence in a $12,000 upside despite geopolitical headwinds.
- Iran conflict intensifies, prompting MarketWatch to flag a possible ‘disaster’ scenario that could trigger sharp crypto swings.
- Investors could capitalize on volatility spikes, but must balance the lure of big gains against the risk of sudden market shocks.
Bitcoin steadied after a cooling February inflation print, while options traders piled on bets that the cryptocurrency could bounce back to $80,000. At the same time, the escalating Iran conflict has MarketWatch warning investors of a potential ‘disaster’ that could jolt crypto volatility.
