Bitcoin on its way to $80,000: How trends from markets are shaping the future of cryptocurrency

Bitcoin on its way to $80,000: How trends from markets are shaping the future of cryptocurrency

Bitcoin is on the cusp of a potentially spectacular rally that could send its price above $80,000 by the end of 2025. Favorable signals from derivatives markets, and growing investor optimism, coupled with the upcoming US presidential election, are key factors that could support this trend.

Bullish trends in derivatives markets

According to a report from crypto exchange Bitfinex, published by Cointelegraph, there are signs that Bitcoin could surpass the important psychological threshold of USD 80,000 by the end of 2025. Analysts at Bitfinex pointed out that the options markets are showing a positive picture with a significant increase in open interest for call options, especially with a December 27 expiration date and an $80,000 strike price.

Unique moment: bitcoin above USD 70,000 again

Bitcoin on October 28 surpassed the USD 70,000 mark for the first time since June, and with the price just off its all-time high of over USD 73,800, investors are looking for further signals for a possible rally. Ready to see how the situation unfolds after the upcoming US presidential election, investors are hoping that the halving that will occur soon will bring further positive momentum.

Bitcoin ETF: A new source of optimism

The upcoming U.S. election is also sparking optimism among investors in Bitcoin exchange-traded funds (ETFs). In the period around October 28, there were net inflows into bitcoin ETFs worth over $479 million, indicating growing investor interest. According to ETF Store's Natae Geraci, inflows into these ETFs have risen above $4 billion over the past two weeks.

Market manipulation or healthy growth?

Analysts have raised the question of whether Trump's rising election chances could have a positive effect on bitcoin and other risk assets. A victory for the former president in the upcoming election could boost bitcoin's growth, suggesting the market could be trying to time further expansions.

Almost all bitcoin holders in profit

Another factor contributing to the optimism is the fact that nearly 99% of all Bitcoin holders are currently showing a profit. With Bitcoin trading above $71,000, more than 97.6% of all Bitcoin addresses are in the black.

Conclusion

Bitcoin's future looks bright with the prospect of surpassing $80,000 if the positive trends in derivatives markets and growing interest in ETFs continue. The upcoming US election and high percentage gains among Bitcoin holders reinforce hopes for further growth. However, it is important to remain vigilant in this dynamic and fast-moving area and monitor developments closely.

*This is not investment advice.

Coingarage team