Bitcoin Options: Betting on $300,000 Upside in a Month

A recent surge in high-priced call options for Bitcoin has ignited speculation among traders. These ‘lottery ticket’ bets involve purchasing options with strike prices of $300,000, aiming to profit if Bitcoin reaches that level within the short term. 📈 But while exciting, these options carry significant risk and are best viewed as a speculative gamble rather than an investment strategy. This article dives into what these options are, why traders are buying them, and their implications for the future of Bitcoin.