{"id":31130,"date":"2026-07-30T10:13:41","date_gmt":"2026-07-30T09:13:41","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/07\/30\/fed-pause-bitcoin-options-traders-target-70000-75000\/"},"modified":"2026-07-30T10:13:48","modified_gmt":"2026-07-30T09:13:48","slug":"fed-pause-bitcoin-options-traders-target-70000-75000","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/fed-pause-bitcoin-options-traders-target-70000-75000\/","title":{"rendered":"Fed Holds Rates: Bitcoin Options Traders Are Targeting $70,000\u2013$75,000"},"content":{"rendered":"\n

The US Federal Reserve<\/strong> has kept its benchmark interest rates on hold, but the message sent to markets remains ambiguous. Far from being rattled, Bitcoin<\/strong> options traders were quick to show their hand: the next target is the $70,000\u2013$75,000<\/strong> range.<\/p>\n\n\n\n

While some analysts still fear a rate hike in September, the crypto derivatives market is telling a very different story. Options flow reveals a pronounced bullish bias<\/strong>, and on-chain data confirms quiet accumulation<\/strong> building beneath the surface.<\/p>\n\n\n\n

Caught between contradictory macro signals and a resolutely optimistic market sentiment, Bitcoin<\/strong> finds itself at a decisive crossroads. Here is what the data is really saying.<\/p>\n\n\n\n

The Fed Is Playing for Time, Bitcoin Is Playing for Higher Ground<\/h2>\n\n\n\n

The Fed<\/strong>‘s decision to hold rates was not enough to reassure all traditional investors. Chair Jerome Powell<\/strong> left the door open to further hikes if inflation does not cool sufficiently, which immediately fuelled volatility across equity and bond markets.<\/p>\n\n\n\n

Yet the Bitcoin<\/strong> market reacted differently. Options<\/a> traders largely dismissed the September hike scenario, choosing instead to position on bullish strikes between $70,000<\/strong> and $75,000<\/strong>. According to data from CoinGlass<\/strong>, open interest<\/strong> on calls within this price zone has recorded a notable increase, reflecting growing conviction around a medium-term breakout<\/strong>.<\/p>\n\n\n\n

This decoupling<\/strong> between macro caution and crypto appetite is not trivial. It reflects a thesis gaining traction among institutional traders: in a prolonged high-rate environment, Bitcoin<\/strong> is asserting itself as an alternative store of value<\/strong>, independent of the traditional monetary cycle.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Options and Derivatives: What the Data Is Really Revealing<\/h2>\n\n\n\n

A closer look at the derivatives market delivers concrete signals. The put\/call ratio<\/strong> on Bitcoin<\/strong> has shifted decisively in favour of calls over recent sessions, a classic indicator of dominant bullish sentiment<\/strong>. The targeted expiries are concentrated around end of August and end of September, suggesting traders are anticipating a strong directional move<\/strong> before the close of Q3.<\/p>\n\n\n\n

Data from CryptoQuant<\/strong> also shows a progressive decline in BTC available on centralised exchanges<\/strong>. This contraction in liquid supply, combined with sustained demand flowing through US spot Bitcoin ETFs<\/strong>, is mechanically creating upward pressure on price. Net ETF inflows have remained positive over recent weeks, reinforcing the thesis of structural institutional demand<\/strong>.<\/p>\n\n\n\n

On the technical analysis side, Bitcoin<\/a><\/strong> is trading above its 200-day moving average<\/strong>, a key support level that bulls are defending with conviction. A decisive break above the $65,000<\/strong> resistance would technically open the path toward the $70,000\u2013$75,000<\/strong> target zone, in line with the positioning observed across the options market.<\/p>\n\n\n\n

September in the Crosshairs: The Real Test for Bitcoin<\/h2>\n\n\n\n

September is now firmly in focus. Historically, it is one of the most challenging months for Bitcoin<\/strong> \u2014 seasonal statistics show a negative average performance<\/strong> over the past ten years. This unfavourable seasonal backdrop stands in direct contrast to the optimism being displayed across the derivatives market.<\/p>\n\n\n\n

The next FOMC<\/strong> meeting, scheduled for September, will be pivotal. If the Fed<\/strong> decides to raise rates once more, the pressure on risk assets could weigh on Bitcoin<\/a><\/strong>‘s bullish momentum. Conversely, another pause or even a dovish<\/strong> signal could act as a powerful catalyst<\/strong> to propel price toward the levels options traders are already pricing in.<\/p>\n\n\n\n

Against this backdrop, implied volatility<\/strong> on Bitcoin<\/strong> remains elevated, a sign that the market is bracing for a large-scale move. The coming weeks will be decisive in validating \u2014 or invalidating \u2014 the bullish scenario that traders have already begun to price.<\/p>\n\n\n\n

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