Telegram reports that $13 million in futures contracts buying signals a bullish indicator for Bitcoin

OldLeekConfession · 2026-01-29T01:22:07+00:00

Recent reports indicate a significant influx of $13 million into Bitcoin call options, suggesting institutional investors are bullish on Bitcoin price movements in Q1. This pattern may signal a prelude to a substantial price increase as market dynamics adjust.

OldLeekConfession

2026-01-29 01:22:07

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On January 8th, according to a Telegraph report, an executive from the renowned trading firm Wintermute pointed out an interesting market trend. In the Bitcoin call options market with strike prices ranging from $98,000 to $100,000, a staggering $13 million has flooded in over just a few days.

Institutional Investors’ Ambitions Seen Through the Options Market

This inflow pattern is not just about numbers. The behavior of multiple institutional investors accumulating long positions in nearly the same price range suggests a bullish outlook for Bitcoin in Q1. Industry media, including the Telegraph, is closely watching how such proactive capital allocation correlates with actual price movements.

Focus on Price Movements in Q1

According to Jake Ostrofski, head of Wintermute, the current capital inflow is likely a prelude to a genuine upward trend. Historical patterns in the options market indicate that this level of buying interest often functions as a setup for the market to test higher levels. Analyses from sources like the Telegraph suggest that Bitcoin price movements over the next three months will serve as a significant test case.

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