Investors Eye $100K Bitcoin Spike Amid Anticipation Surrounding Trump’s Inauguration

Traders Bet Big on Bitcoin Hitting Record Highs After Trump’s Inauguration on January 20

Market activity suggests traders are positioning for Bitcoin (BTC) to surge to new record highs following President-elect Donald Trump’s inauguration on January 20.

On Saturday, a trader on Deribit invested over $6 million in Bitcoin call options with a strike price of $100,000, set to expire on March 28, according to Amberdata.
“This trade signals strong confidence in Bitcoin breaking new highs shortly after Trump officially assumes office,” Amberdata noted on X.

Open interest remains robust at the $120,000 strike price, highlighting expectations of a sustained rally. With $1.52 billion in notional open interest, the $120,000 level is now the most active call option on Deribit.

Call options grant traders the right—but not the obligation—to purchase Bitcoin at a specified price before expiration, typically reflecting bullish sentiment and expectations of sharp upward moves.

Bitcoin is currently trading above $99,500, marking an 8% recovery from its December 30 low of $91,384, according to CoinDesk and TradingView data.

“The period surrounding Trump’s inauguration is ripe for bullish market catalysts, with potential policy announcements acting as triggers for Bitcoin’s upward momentum,” said Greg Magadini, Director of Derivatives at Amberdata.

CF Benchmarks echoed this sentiment in its annual outlook, suggesting that regulatory reforms under a pro-crypto administration could create a supportive environment for Bitcoin growth.

“A revamped SEC, guided by crypto-friendly leadership, could reduce enforcement pressures and provide a stable compliance framework, boosting institutional confidence,” CF Benchmarks stated.

However, the firm also warned that delays in implementing regulatory policies might introduce short-term market volatility, potentially tempering immediate bullish sentiment.

Bitcoin previously rallied from $70,000 to over $108,000 following Trump’s election victory in November. However, the pace of gains slowed in late December amid profit-taking and the Federal Reserve’s cautious rate outlook.