randomm

Bitcoin Could Climb Beyond $150,000 by January, DeFi Derivatives Platform Derive Says

The derivatives market for Bitcoin and Ethereum shows a small chance the digital assets will continue to rise to fresh highs by January.

The derivatives market is pointing to a small chance for further upward momentum for Bitcoin next month, following the asset’s historic rise above $100,000 last week. 

That’s according to Sean Dawson, head of research at DeFi derivatives protocol Derive.

“We continue to see a 10.5% probability of Ethereum reaching $6,000 and a 6% likelihood for Bitcoin surpassing $150,000 by January 31,” Dawson told Decrypt.

Bitcoin Could Climb Beyond $150,000 by January, DeFi Derivatives Platform Derive Says

The derivatives market for Bitcoin and Ethereum shows a small chance the digital assets will continue to rise to fresh highs by January.

The derivatives market is pointing to a small chance for further upward momentum for Bitcoin next month, following the asset’s historic rise above $100,000 last week. 

That’s according to Sean Dawson, head of research at DeFi derivatives protocol Derive.

“We continue to see a 10.5% probability of Ethereum reaching $6,000 and a 6% likelihood for Bitcoin surpassing $150,000 by January 31,” Dawson told Decrypt. 
https://decrypt.co/295500/bitcoin-could-climb-beyond-150000-by-january-defi-derivatives-platform-derive-says