Market Eyes $100K Bitcoin Milestone After Trump’s Inauguration Sparks Bullish Sentiment

Traders Bet Big on $100K Bitcoin Surge After Trump’s Inauguration Signals Policy Shift

Bitcoin (BTC) traders are setting their sights on a historic price surge following President-elect Donald Trump’s inauguration on January 20.

Over the weekend, a high-stakes trader on Deribit invested over $6 million in Bitcoin call options with a $100,000 strike price, expiring on March 28, according to Amberdata.
“This trade suggests confidence in Bitcoin reaching new record highs shortly after Trump assumes office,” Amberdata shared on X.

Further fueling the bullish sentiment, the $120,000 strike has emerged as the most popular call option on Deribit, with a notional open interest exceeding $1.52 billion at the time of writing.

Call options grant buyers the right to purchase Bitcoin at a predetermined price, representing a clear signal of expectations for upward momentum and substantial price gains.

Bitcoin is currently trading above $99,500, marking an 8% rebound from its December low of $91,384, according to data from CoinDesk and TradingView.

“The period surrounding Trump’s inauguration is expected to bring market-friendly policy announcements, acting as potential triggers for Bitcoin to rally further,” said Greg Magadini, Director of Derivatives at Amberdata.

In a recent analysis, CF Benchmarks noted that a revamped SEC under pro-crypto leadership could ease enforcement measures, reduce compliance hurdles, and improve market sentiment.

“While regulatory changes are expected to favor the crypto industry, delays in implementation could introduce temporary market uncertainty,” CF Benchmarks cautioned in their annual report.

Bitcoin’s price previously surged from $70,000 to over $108,000 in the weeks following Trump’s election win in November. However, momentum slowed in December, largely due to year-end profit-taking and the Federal Reserve’s cautious stance on interest rates.