Bitcoin : Options Signal A Measured Return Of Optimism

After twelve months of caution, Bitcoin options traders change direction. Since August 20, they pay more to bet on a BTC rise than to protect against a drop, an unprecedented shift in a year. The signal comes while bitcoin trades around $78,278, far from its peak above $126,000 in October 2025. Between dominance of call options, increase in futures positions, and bets concentrated under $100,000, the derivatives market shows renewed but still m…