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Additionally, examination of the options market reveals that the $100,000 strike call option remains a strong contender, with open interest of $1.8 billion. Such figures underscore the complex strategies employed by traders as they strategize around potential price milestones.
Interestingly, a portion of the options market also includes $500 million locked into the $200,000 strike call. This represents not just a cautious optimism regarding Bitcoin's potential price trajectory but also a clear bet that prices may indeed double in the foreseeable future.