PANews reported on October 25 that according to CoinDesk, although the market expects Bitcoin to break through $100,000 by the end of the year, Deribit options market data shows that this possibility is only 9.58%. In contrast, the probability of BTC price rising to $82,000 is higher.
Deribit data shows that as of December 27, BTC's implied volatility is 54%, which means that the price has a 22% fluctuation space, and there is a possibility of rising to $82,000 or falling by the same amount. Despite the bullish market sentiment, the stable implied volatility indicates that there will be no sharp fluctuations in the short term. With the US presidential election approaching on November 5, the election results may bring volatility to the market, especially in the case of expected Trump's victory. If the results are inconsistent, it may trigger selling pressure.
