Bitcoin traders kick off 2026 with bets on price rally above $100,000

Dominant call positioning is shaping bitcoin’s price dynamics as bitcoin breaks out of its sideways range. What to know : Bitcoin traders are optimistic about 2026, with increased interest in $100,000 call options on Deribit. The January $100,000 call option is the most popular bet, with a notional open interest of $1.45 billion. Bitcoin's price, which has rallied 5% since the start of the year, could further boost demand for these options if it surpasses $94,000.