Bitcoin Bulls Eye $110,000 Amid Tariff Threats and $13.8 Billion Options Expiry

• Tariff threats from President Trump have disrupted Bitcoin’s bullish momentum, jeopardizing the chances of reaching $110,000 before a significant options expiry.

• As the largest monthly options expiry of 2025 approaches, the stakes have never been higher for Bitcoin bulls aiming to capitalize on market movements.

• According to COINOTAG, “Bulls are looking to push Bitcoin’s price upward in a strategic response to market pressures and recent inflows.”

This article explores Bitcoin’s market dynamics amid tariff threats and significant options expiry, analyzing potential outcomes for bulls and bears alike.

The Market Landscape: Analyzing Bitcoin’s Position for May 30 Options Expiry

Bitcoin (BTC) is approaching a pivotal moment as it gears up for a monthly options expiry worth $13.8 billion. This event presents an opportunity for bulls to secure a price above $110,000, with an impressive 25% rally over the last 30 days putting bears on the back foot.

Open Interest and Market Sentiments

Currently, the open interest in Bitcoin put options stands at $6.5 billion, with 95% of these positions set below $109,000. If Bitcoin maintains its current price levels, this creates a scenario where only $350 million in put options will remain relevant at expiry.

Conversely, in regard to call options, the open interest totals approximately $3.8 billion below the $109,000 mark. While it appears that there is a clear bias toward bullish sentiment, it’s essential to acknowledge that some traders might have sold these options to hedge against potential losses.

Inflows into Spot Bitcoin ETFs: A Bullish Indicator

Amid heightened market activity, net inflows of $1.9 billion into US spot Bitcoin ETFs between May 20 and May 22 indicate robust demand for Bitcoin, particularly above the $105,000 threshold. This uptick suggests that bullish strategies could prove fruitful in the upcoming options expiry.

However, bearish traders may still attempt to influence BTC futures, driven largely by concerns around macroeconomic stability. Should Bitcoin’s price rise beyond $110,000, bears could face substantial losses as they are compelled to close their positions.

Strategic Movements: Scenarios for Bitcoin by May 30

As Bitcoin navigates this critical juncture, the following scenarios have been projected based on current trends:

• If Bitcoin stays between $102,000 and $105,000: Calls would total $2.75 billion against $900 million in puts, favoring bulls by $1.85 billion.

• For the $105,000 to $107,000 range: Calls rise to $3.3 billion vs. $650 million in puts, again favoring calls by $2.65 billion.

• In the $107,000 to $110,000 range: Calls hit $3.7 billion compared to $350 million in puts, favoring calls by $3.35 billion.

• Lastly, within $110,000 to $114,000: Calls soar to $4.8 billion against just $120 million in puts, clearly favoring bulls by $4.7 billion.

As Bitcoin seeks to surpass the $110,000 mark, the ongoing momentum will hinge on developments related to the current tariff war, influencing traders and market behavior.

Conclusion

In summary, Bitcoin’s journey toward $110,000 is filled with both opportunities and challenges. The dynamics of options expiry, combined with ETF inflows, indicate that while bullish prospects exist, external economic factors could sway market directions. Investors should remain vigilant as these developments unfold, seeking to maximize returns without falling victim to market volatility.