CoinEx Daily: Bitcoin Eyes $133,000 on Bullish Forecasts as Option Expiry Drives Volatility

Daily View

Bitcoin sentiment is buoyed by bullish outlooks, with Citi raising its year-end target to $133,000 and JPMorgan projecting a potential rise to $165,000. This optimism comes amid heavy options expiry and significant leveraged position liquidations, setting the stage for pronounced market volatility as traders anticipate a decisive move. Macro-level growth prospects also hinge on regulatory developments around crypto ETFs in the US.