Three reasons bullish Bitcoin traders are betting top crypto’s price hits $80,000 — and when

Bitcoin traders are positioning for the cryptocurrency to reach $80,000 by the end of June, according to Nick Forster from onchain options platform Derive.xyz. This represents significant bullish sentiment among options traders betting on substantial price appreciation.

• →Bitcoin traders are betting on the price hitting $80,000 by end of June according to Derive.xyz founder.
• →Options data suggests strong bullish sentiment among sophisticated traders.
• →The $80,000 target represents significant upside from current Bitcoin price levels.