Deribit’s Bitcoin futures contracts for 2025 have broken through the $100,000 price barrier, signaling strong bullish sentiment among investors. The March 2025 contract is trading at $101,992, offering a near 5% premium over the current spot price of $97,200. Similarly, the June and September 2025 contracts are priced even higher, at $104,948 and $107,690, respectively, reflecting expectations that Bitcoin will maintain its value above $100,000 in the medium to long term.
These futures prices suggest growing confidence in Bitcoin’s future performance, with market participants betting on sustained price increases. Additionally, the $100,000 call options on Deribit have accumulated a significant open interest, further validating this optimistic outlook. However, shorter-term futures contracts, like the December 2024 ones, remain below the $100,000 threshold, indicating a contrast between short-term caution and long-term optimism.
This divergence between different contract expirations highlights varying market expectations, with long-term investors more confident in Bitcoin’s upward trajectory compared to those with shorter-term positions.
