Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Alchemie acquires Solana developer Dexterlab for unknown sum

2025-05-19

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

2025-05-19

Ethereum – price cannot break through – what does it stop?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17
  • Analysis

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin to $85K in December? 16% chance, say options
Bitcoin

Bitcoin to $85K in December? 16% chance, say options

2024-10-09No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Options data predicted only a 16% chance of BTC reaching $85,000 by the end of the year.
  • There was weak market demand and relatively little network growth.

Despite high expectations of a bullish Q4 and late 2024 rally for Bitcoin [BTC]the options market remained eerily cautious.

According to Bitwise’s head of alpha strategies: Jeff ParkThe options markets estimate only a 10% chance that BTC would reach $85,000 by the end of the year.

“Deribit 12/27 contracts now only price a ~10% chance of BTC reaching $85k by year end (using 20x levered 5k CS prices), while 7d VRP turned negative yesterday”

At the time of writing, the probability of BTC reaching $85,000 in December 2024 was around 16% per Deribit. facts.

BitcoinBitcoin

Source: Deribit

Positive catalysts for BTC

However, Park also noted that the options market outlook could misjudge the target.

He found that the 7-day VRP (Volatility Risk Premium), which represents the volatility difference between the actual (spot) and options markets, turned negative. This meant that spot market volatility was lower than predicted for options.

The same could be said here for the year-end BTC price prediction in the options markets. It could overstate or undermine BTC’s prospects.

Park added that the upcoming FTX Refunds and the ongoing global easing cycle were positive catalysts for BTC.

Several companies and analysts have done that projected BTC price targets by the end of 2024. Bernstein predicted $90,000 in 2024 and $200,000 in 2025.

According to Standard Chartered Bank, the asset could reach $150,000 by the end of the year and rise to $250,000 by 2025.

See also  Bitcoin Price Repeats December 2023 Playbook: Is the 'Real Breakout' Yet to Come?

However, some market experts believe that geopolitical tensions in the election results in the Middle East and the US could be crucial factors for BTC in the near term.

Network growth and demand

BitcoinBitcoin

Source: Glassnode

Meanwhile, BTC’s network growth, based on active addresses, has hovered around 750K since late September.

However, it remained below 1 million, a level it surpassed when BTC recovered to a new ATH in the first quarter of 2024. This indicated less market interest in the asset in the fourth quarter than in the first quarter.

Weak short-term demand in October, especially from US investors, was also consistent with the above observation.

The Coinbase Premium Index, which measures demand from US investors, has been in the red in recent days.

BitcoinBitcoin

Source: CryptoQuant

However, the short-term holder cost basis point of approximately $63,000 was crucial support that could determine whether BTC will stage a recovery in the near term.

Next: Will Shiba Inu lead the recovery of memecoins? Key data says…

Source link

85K Bitcoin chance December options
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

2025-05-19

Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

2025-05-19

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19
Add A Comment

Comments are closed.

Top Posts

The ecosystem of the super-fast Sei Blockchain is flourishing

2024-06-06

Old Bitcoin Wallet Comes to Life After Lying Low for Over 13 Years, Moves $3,670,000 in BTC with a 646,618% Gain

2024-11-15

XRP price turns red as the risk of more downsides escalates

2024-01-31
Editors Picks

9 Best Crypto Bridges for Cross-Chain in 2024

2024-07-13

Your regularly scheduled market correction is here!

2024-03-20

Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

2023-08-01

Ethereum’s weekly inflows reached $34 million – Are ETFs the reason?

2024-06-04

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Alchemie acquires Solana developer Dexterlab for unknown sum

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

Ethereum – price cannot break through – what does it stop?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,900.37-0.49%
  • ethereumEthereum(ETH)$2,469.10-3.87%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.35-3.61%
  • binancecoinBNB(BNB)$646.21-1.06%
  • solanaSolana(SOL)$164.58-6.24%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.222058-6.09%
  • cardanoCardano(ADA)$0.74-4.50%
  • tronTRON(TRX)$0.265010-2.99%
  • suiSui(SUI)$3.76-5.64%
  • chainlinkChainlink(LINK)$15.49-4.77%
  • avalanche-2Avalanche(AVAX)$22.15-6.75%
  • stellarStellar(XLM)$0.283836-4.51%
  • hyperliquidHyperliquid(HYPE)$25.92-4.44%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.80%
  • hedera-hashgraphHedera(HBAR)$0.191579-3.82%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.95%
  • bitcoin-cashBitcoin Cash(BCH)$385.85-5.30%
  • litecoinLitecoin(LTC)$97.78-3.50%
  • the-open-networkToncoin(TON)$2.98-6.06%
  • polkadotPolkadot(DOT)$4.57-6.58%
  • moneroMonero(XMR)$343.64-0.10%
  • bitget-tokenBitget Token(BGB)$5.15-1.83%
  • pepePepe(PEPE)$0.000013-4.99%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.72-2.91%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.87-6.68%
  • bittensorBittensor(TAO)$404.88-7.51%
  • aaveAave(AAVE)$229.03-4.82%
  • nearNEAR Protocol(NEAR)$2.76-5.25%
  • aptosAptos(APT)$5.11-3.57%
  • okbOKB(OKB)$52.13-2.93%
  • ondo-financeOndo(ONDO)$0.92-4.72%
  • kaspaKaspa(KAS)$0.107299-7.67%
  • ethereum-classicEthereum Classic(ETC)$18.15-4.44%
  • internet-computerInternet Computer(ICP)$5.17-4.81%
  • gatechain-tokenGateToken(GT)$21.42-1.43%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.75-5.05%
  • crypto-com-chainCronos(CRO)$0.095303-5.32%
  • mantleMantle(MNT)$0.73-1.97%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233396-4.22%
  • vechainVeChain(VET)$0.027791-5.26%
  • render-tokenRender(RENDER)$4.54-5.64%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • ethenaEthena(ENA)$0.362322-9.63%
  • filecoinFilecoin(FIL)$2.84-3.84%
  • algorandAlgorand(ALGO)$0.220079-4.30%
  • arbitrumArbitrum(ARB)$0.386469-4.27%
  • bitcoinBitcoin(BTC)$104,900.37-0.49%
  • ethereumEthereum(ETH)$2,469.10-3.87%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.35-3.61%
  • binancecoinBNB(BNB)$646.21-1.06%
  • solanaSolana(SOL)$164.58-6.24%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.222058-6.09%
  • cardanoCardano(ADA)$0.74-4.50%
  • tronTRON(TRX)$0.265010-2.99%
  • suiSui(SUI)$3.76-5.64%
  • chainlinkChainlink(LINK)$15.49-4.77%
  • avalanche-2Avalanche(AVAX)$22.15-6.75%
  • stellarStellar(XLM)$0.283836-4.51%
  • hyperliquidHyperliquid(HYPE)$25.92-4.44%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.80%
  • hedera-hashgraphHedera(HBAR)$0.191579-3.82%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.95%
  • bitcoin-cashBitcoin Cash(BCH)$385.85-5.30%
  • litecoinLitecoin(LTC)$97.78-3.50%
  • the-open-networkToncoin(TON)$2.98-6.06%
  • polkadotPolkadot(DOT)$4.57-6.58%
  • moneroMonero(XMR)$343.64-0.10%
  • bitget-tokenBitget Token(BGB)$5.15-1.83%
  • pepePepe(PEPE)$0.000013-4.99%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.72-2.91%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.87-6.68%
  • bittensorBittensor(TAO)$404.88-7.51%
  • aaveAave(AAVE)$229.03-4.82%
  • nearNEAR Protocol(NEAR)$2.76-5.25%
  • aptosAptos(APT)$5.11-3.57%
  • okbOKB(OKB)$52.13-2.93%
  • ondo-financeOndo(ONDO)$0.92-4.72%
  • kaspaKaspa(KAS)$0.107299-7.67%
  • ethereum-classicEthereum Classic(ETC)$18.15-4.44%
  • internet-computerInternet Computer(ICP)$5.17-4.81%
  • gatechain-tokenGateToken(GT)$21.42-1.43%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.75-5.05%
  • crypto-com-chainCronos(CRO)$0.095303-5.32%
  • mantleMantle(MNT)$0.73-1.97%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233396-4.22%
  • vechainVeChain(VET)$0.027791-5.26%
  • render-tokenRender(RENDER)$4.54-5.64%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • ethenaEthena(ENA)$0.362322-9.63%
  • filecoinFilecoin(FIL)$2.84-3.84%
  • algorandAlgorand(ALGO)$0.220079-4.30%
  • arbitrumArbitrum(ARB)$0.386469-4.27%