Bitcoin buyers target $100,000 by the end January. Here’s six reasons to be bullish

Bitcoin traders bet that the top crypto will hit $100,000 by the end of January, according to data from Coinbase’s Deribit derivatives exchange. Open interest, a measure of outstanding contracts, is heavily skewed toward options expiring on January 30 with a $100,000 strike price. Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, said in December that he expects Bitcoin to get even higher and hit $200,000 by March. That would double the cryptocurrency’s market value to just ov ...