Bitcoin Sees Price Surge Amidst Traders Seeking Validation

Bitcoin is rallying towards $95,000, buoyed by positive options activity, yet flat open interest and lackluster spot demand may hold it back.

Bitcoin is experiencing upward momentum as it approaches the $95,000 mark, driven by encouraging options trading activity. However, this optimistic trend is being hindered by stagnant open interest levels and a decline in spot market demand.