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Bitcoin All-Time High in 2020? Chances Are Only 4%, Options Market Signals

The options market shows just a 4 percent chance of bitcoin crossing above $20K before year’s end, according to data from analytics firm Skew.

By Omkar Godbole

Updated Sep 14, 2021, 8:24 a.m. Published Mar 31, 2020, 9:10 p.m.

Open interest in CME bitcoin futures are up, signaling more investors want to buy the cryptocurrency. (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)