The Bitcoin options market is showing strong bullish sentiment, with the $80,000 strike price call options becoming the most concentrated betting target. Data reveals that the notional open interest for $80,000 call options expiring at the end of June on the Deribit platform has surpassed $1.5 billion, ranking first among all strike prices. Analysts point out that this surge in 'convexity' bets reflects investors' strong expectations for Bitcoin to break its all-time high amid the halving effect and continued ETF inflows. Meanwhile, the rise in implied volatility (IV) indicates that traders are pricing in significant price swings, even as the cost for longs increases. (CoinDesk) https://(wublock123.com)/news/news-59322