Will the Bitcoin Bulls be able to secure $ 110K before the BTC’s $ 13b options are expected?

Key Takeaways:

• The Bitcoin Bulls aims to push BTC above $ 110,000 to May 30 to achieve $ 4.8 billion call options.

• Spot BTC ETF inflows and weakly put positioning gives bulls a strong edge to monthly expiry.

Bitcoin (Btc) is approaching this largest month Expiring options of 2025, with a total exposure of up to $ 13.8 billion. This event provides an opportunity to the Bulls to secure the price of Bitcoin over $ 110,000, as the bears have been caught by the guard by a 25% rally in the past 30 days.

The open interest in Bitcoin Put (Sell) options stands at $ 6.5 billion, but 95% of these positions are set below $ 109,000. Therefore, if the price of Bitcoin holds close to current levels, less than $ 350 million worth of place options remain related to expiry.

In contrast, open interest in Bitcoin call options (buy) up to $ 109,000 total of $ 3.8 billion. However, this imbalance does not mean that every call selection holder will bet on Bitcoin’s increase. Some traders may sell these options as a means to Hedge their exposure above some price levels.

Among the most significant choices of choice exchanged in the derivit over the last two weeks is the “short call,” which investors often use a fixed income return as long as the price of Bitcoin will remain above a particular threshold. Similarly, the “Bull Call Spread” approach against the downside risk by sacrificing those obtained above a certain price.

Bitcoin ETF’s strong flow reduces the odds of further decline in price

If Bitcoin maintains a $ 109,000 level, most bullish techniques should deliver positive results in expirying the May options. However, bears may try to influence BTC futures markets to limit their losses as the expiry date approaches.

Total open interest in bitcoin futures is currently $ 79 billion, showing a strong demand for Short (sell) positions. However, this approach can backfire if Bitcoin rises above $ 110,000, as bears can force to close their positions.

Net Inflows of $ 1.9 billion In the US spot bitcoin exchange-traded funds (ETF) between May 20 and May 22 suggests that demand more than $ 105,000 remains stable. Ultimately, the main hope of Bears lies in a weaker macroeconomic environment, which can increase risk prevention and reduce demand for bitcoin.

Related: Bitcoin hits new highs in the absence of ‘unhealthy’ use – will the rally continue?

The Bitcoin Bulls aimed at $ 110,000 on May 30

Below are four likely situations based on current price trends. Outcomes estimate theoretical profits based on open imbalance and not account for complex techniques.

• Between $ 102k and $ 105k: $ 2.75 billion in calls (buy) compared to $ 900 million placed (sold). The result of the net favors call instruments by $ 1.85 billion.

• Between $ 105k and $ 107K: $ 3.3 billion calls compared to the $ 650 million placed, favoring calls by $ 2.65 billion.

• Between $ 107k and $ 110k: $ 3.7 billion calls compared to $ 350 million placed. Favor calls by $ 3.35 billion.

• Between $ 110k and $ 114k: $ 4.8 billion calls compared to the $ 120 million placed, favoring calls by $ 4.7 billion.

The bulls can maximize their gains by driving the BTC above $ 110,000, which will help set a new high time. However, the ongoing bullish momentum depends on developments in the ongoing tariff war, which has been the main focus in recent weeks.

This article is for general information purposes and is not intended to be and should not be done as legal or investment advice. The views, attitudes, and opinions expressed here are unique and do not necessarily reflect or represent the views and opinions of the cointelegraph.