The post Can Bitcoin break $75K? Options market says yes, but ONLY IF… appeared on BitcoinEthereumNews.com.

Bitcoin [BTC] extended its weekly gains to 12% on Friday after surging to $73.9K. At the time of writing, BTC had given back some of its gains and traded at $70.6K.  But overall investor returns and relative strength against gold and tradFi markets reinforced crypto assets as a hedge during geopolitical tensions.  Source: X/River  With the potential end to the West Asia crisis still unclear, could it fuel BTC’s rally in the near term?  Options traders eye $75k As the West Asia crisis drags on, there are two weeks to the end of the quarter Option expiry. Hence, the Options market positioning could offer another view into investors’ risk appetite and expectations in the near term.  According to Glassnode, $75K remained a key level that has seen massive call buying (bullish bets). Clearing this level could fuel further upside momentum due to dealer hedging flows, added the blockchain analysis firm.  At the same time, the majority of puts (bearish bets) and hedging activity were concentrated at $60k, suggesting sophisticated players were still prepared for another leg down. Source: Glassnode  In other words, the $60k-$75k price range could extend for the next two weeks, but a decisive clearing of the $75k hurdle could accelerate a push for $80k.  In fact, BTC’s price was sharply rejected near $75K on the 13th of March, marking the level as a key roadblock for bulls to extend the recent recovery.  What’s delaying the breakout? Perhaps another factor that has kept BTC within the current range for a while is the lack of strong bidding. According to crypto research firm Swissblock, the February dip below $60K was marked by strong interest, as many players jumped to buy discounted BTC.  The spike in network growth signaled a surge in market participants, which helped stabilize Bitcoin’s price above…

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Filed under: News - @ March 15, 2026 1:07 am