Traders Taking Big Leverage To Chase Huge Gain As Bitcoin Nearing $100K Mark

Quick Summary:

At the same time, traders are doubling down with high-risk bets, leveraging tools linked to MicroStrategy (MSTR) to chase bigger gains.

Buyers are targeting multiple expiration dates, including as far out as June 2025, reflecting confidence in Bitcoin’s long-term trajectory.

The excitement around Bitcoin is driven by optimism for pro-crypto policies under Donald Trump’s incoming administration.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Price Bitcoin Cryptocurrency Time Microstrategy Traders Excitement Target Record-breaking Market Options

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 09:45:55 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 309 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23735023

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 20 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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