Odaily Planet Daily News: The Bitcoin market shows a new bullish trend, with targets of $110000 on the Deribit derivatives exchange The activity of options with a strike price of $120000 has intensified. According to The Block's price page, the pullback at the end of December caused the Bitcoin price to drop to 91000 After trading around the US dollar, Bitcoin has rebounded to around 99000 US dollars. Derivatives traders pay special attention to call options with an exercise price of $120000- currently on Deribit The most popular - nominal open interest contract is 1.52 billion US dollars. The ratio of put options to call options on all maturity dates of Deribit has now decreased to 0.24. This ratio compares the number of put options to call options, highlighting the bullish market sentiment as traders prepare for potential price increases. Ratio below 1.0 Indicating that call options are superior to put options, indicating an expectation of upward momentum. (TheBlock)