FOMOing into Bitcoin? Check Out These Bullish BTC Plays Favored by Analysts

Bitcoin has recently surged past $126,000, sparking interest among traders who may feel a sense of urgency to invest after missing the initial rally. Analysts recommend several bullish strategies for engaging with Bitcoin options, including purchasing out-of-the-money (OTM) call spreads. Markus Thielen from 10x Research advises buying OTM calls or spreads, allowing participation in potential gains without paying excessively for volatility. Another strategy suggested by Greg Magadini of Amberdata involves financing call spreads by selling lower strike OTM puts, which can risk additional exposure if Bitcoin’s price declines significantly. Despite the prospects for a strong year-end rally, analysts note the potential for sudden corrections due to profit-taking. For long-term investors, simply buying and holding Bitcoin has proven to be a historically rewarding strategy, reflecting a dramatic increase in value from $1 in 2011 to over $120,000 today.

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