Bloomberg: Bitcoin continues to rise, options traders are targeting record highs

2024/03/01 14:47

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On March 1, Bloomberg reported that Bitcoin rose for a seventh consecutive day, with options traders increasing bets that the digital asset will soon surpass its late-2021 highs. Bitcoin price rose to $62,694. It's up more than 20% since Friday, its biggest weekly gain in a year. Bitcoin hit an all-time high of nearly $69,000 in November 2021. “There has been a significant increase in activity around Bitcoin options, driven by the recent surge in BTC prices,” said Aakash Desai, head of options trading at B2C2. "This has led to increased bets on future price movements and market volatility."

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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31