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Bitcoin Could Hit $133K as Traders Remain Underexposed, Says 10x Research

2025-07-10 13:22:04

Bitcoin Could Hit $133K as Traders Remain Underexposed, Says 10x Research

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Description

Crypto investors may be underexposed to Bitcoin upside, even as option traders grow increasingly bullish, according to 10x Research head Markus Thielen. The analyst noted that many traders remain underpositioned after last month’s options expiry, leaving room for a potential rally that could see BTC climb to $133,000 by September. “Traders are now predominantly buying calls, signaling they may be underexposed to further upside,” Thielen said in a same-day market report. He added that with Bitcoi...

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