Bitcoin traders bet on upside, but hedging could indicate uncertainty – explained

Bitcoin’s Options market displays a bullish inclination with high call Open Interest, showing that more traders are betting on price increases.

Despite the bullish outlook, there remains significant put contracts in the $75,000–$85,000 range, hinting at cautious hedging against potential market downturns.

With important contract expirations approaching, traders should prepare for increased volatility, particularly between resistance levels of 80,000 USD and 90,000 USD.