Bitcoin
traders are placing big bets on a jaw-dropping price surge, with the $300K call
option emerging as a top pick in the crypto options market. Could Bitcoin
really triple to $300,000 by June 2025? This article dives into the speculative
frenzy, unpack the forces fueling this bold prediction, and offer actionable
insights for retail investors navigating Bitcoin’s wild ride.
The crypto
market thrives on bold bets, and the Deribit-listed $300,000 Bitcoin call
option expiring June 26, 2025, is stealing the spotlight. According to market
data, this option is the second-most popular bet in the June expiry, with over
5,000 contracts active and a notional open interest of $484 million.
For
context, one contract equals 1 BTC on Deribit, the world’s leading crypto
options exchange, which handles over 75% of global options activity.
This
“lottery ticket” bet implies Bitcoin’s spot price could triple from its current
$80,000 to over $300,000 in under two months.
Option traders bet on Bitcoin price reaching $300,000. Source: Coinglass.com
“There are
always folks that want the hyperinflation hedge,” said Spencer Hallarn, a
derivatives trader at GSR, quoted by CoinDesk.
But what’s
driving this speculative fever, and should retail investors jump in? Let’s
break it down.
You may also like: Will Bitcoin Price Hit $200K in 2025? Expert BTC Prediction Offers Hope In Sideways Market
The Bitcoin $300K Call: A
High-Risk, High-Reward Bet
The $300K
call is a deep out-of-the-money (OTM) option, meaning Bitcoin’s price must
skyrocket for it to pay off. These “wings” are cheap—priced at roughly $60 per
contract in April at 100% implied volatility, per Amberdata’s Director of
Derivatives. However, the potential payout is massive if Bitcoin surges, making
them akin to lottery tickets with slim odds but life-changing rewards.
The June 26
expiry is the largest among 2025 settlements, amplifying market volatility as
traders hedge, lock in gains, or speculate. The $300K call’s popularity trails
only the $110K call, signaling strong bullish sentiment despite Bitcoin’s
recent dip below $80,000.
Simranjeet
Singh of GSR attributes this enthusiasm to a pro-crypto U.S. regulatory
narrative and speculation around a potential Bitcoin strategic reserve. “I
suspect this is mostly an accumulation of relatively cheap wings betting on
broader U.S. reg narrative being pro-crypto,” Singh told CoinDesk.
What’s Fueling the $300K
Bitcoin Dream?
Several
catalysts are igniting optimism in the options market:
- Pro-Crypto Policy Shifts:
Senator Cynthia Lummis recently praised President Trump’s support for her
BITCOIN Act, which she claims is the “only solution” to the U.S.’s $36
trillion debt. “I’m grateful for a forward-thinking president who not only
recognizes this, but acts on it,” Lummis posted on X, per CoinDesk. A
national Bitcoin reserve could legitimize BTC as a strategic asset,
driving institutional demand. - Supply Squeeze Post-Halving:The April 2024
Bitcoin halving slashed mining rewards to 3.125 BTC, tightening supply.
Historically, halvings spark bull runs, as seen in 2016 and 2020. With ETF
inflows and corporate adoption (e.g., MicroStrategy’s BTC stockpiling),
demand could outstrip supply, pushing prices toward lofty targets. - Institutional Momentum:Bitcoin ETFs
have attracted $70 billion in inflows, per Bernstein, with 80% from
self-directed retail investors. Growing uptake by U.S. retirement funds
and options trading could amplify this trend, as Standard Chartered
predicts BTC could hit $200,000–$250,000 in 2025. - Hyperinflation Hedge:Traders view
Bitcoin as a shield against fiat devaluation. “There are always folks that
want the hyperinflation hedge,” Hallarn noted. With global debt soaring
and trade tensions escalating, Bitcoin’s fixed 21-million-coin supply
appeals to those betting on economic uncertainty.
Historical Context: Can
Bitcoin Triple by June?
Bitcoin’s
history is no stranger to meteoric rises:
- 2017:
BTC soared 1,900% from $1,000 to $20,000. - 2020–2021:
A 500% rally from $10,000 to $69,000. - 2023:
A 150% rebound from $16,000 to $69,000.
A tripling
from $80,000 to $300,000 would require a 275% surge in under two months—an
ambitious but not unprecedented move for Bitcoin, given its 80%+ annualized
volatility. However, past bull runs relied on loose monetary policy and retail
euphoria, while 2025 faces headwinds like Trump’s tariffs and a liquidity
crunch.
Others also read: How High Will Bitcoin Go? 3 New BTC Price Predictions for 2025 Suggest $120K–$210K Range
Bitcoin Price Technical
Analysis
On Monday,
May 5, 2025, Bitcoin is trading at $94,558 on Binance, holding near its
multi-month highs. However, from a technical perspective, the price remains in
a steady consolidation phase, with no clear signs of a breakout in the near
term.
Bitcoin’s
recent drop below $80,000 tested support at $74,500, but buyers defended this
level, per TradingView data. Key resistance lies at:
- $100,000 – a psychological barrier,
- $109,000: Bitcoin’s 2025 peak.
A breakout
above $100,000 could trigger a parabolic move, especially with options-driven
volatility. However, a failure to hold $74,500 might see BTC retest $59,000 or
$53,500, per prior support zones.
Bitcoin price technical analysis. Source: Tradingview.com
Bitcoin Price Prediction:
$300K and Above
While the
$300K call option targets a short-term moonshot by June 2025, some prominent
voices in the crypto space are betting on even loftier prices over the long
term. These ultra-bullish forecasts underscore Bitcoin’s potential as a
transformative asset, though they come with extended timelines and significant
caveats.
Cathie Wood’s $1 Million
Prediction by 2030:
Cathie
Wood, CEO of ARK Invest, projects
Bitcoin could reach $1 million by 2030, potentially matching gold’s $19.3
trillion market capitalization. Her bullish outlook hinges on corporate
treasury adoption, institutional investment, and interest from nation-states
diversifying reserves. “Bitcoin’s superior characteristics as a digital store
of value” will drive this surge, Wood argues, citing its fixed supply and
growing mainstream acceptance.
Daniel Roberts’ $1 Million
by 2030:
Daniel
Roberts, CEO of Bitcoin mining company IREN, echoes Wood’s optimism, forecasting
a $1 million Bitcoin by 2030. He points to Bitcoin’s 120% gain in 2024 and
increasing institutional adoption via ETFs. “If you consider Bitcoin’s
historical price trajectory, I’d be surprised if we’re not at a $1 million by
2030 given the traction of ETFs and institutional buying now,” Roberts told
Livewire Markets. He likens Bitcoin to “digital gold,” arguing it’s “scarcer,
easier to transfer, and easier to divide” than its analog counterpart.
Robert Kiyosaki’s $1
Million by 2035 and Beyond:
Renowned
author of Rich Dad Poor Dad, Robert Kiyosaki, predicts
Bitcoin could hit $1 million by 2035, driven by an economic crash and
surging U.S. debt. He also made earlier, more aggressive calls, including a
$500,000 target for 2025 and a $100,000 price by September 2024, citing the
April 2024 halving’s supply reduction. Kiyosaki sees Bitcoin as a hedge against
fiat devaluation, urging investors to act: “Those who wait in fear may be the
biggest losers.” His long-term vision assumes a “Greater Depression” and
massive adoption, though he acknowledges macro risks like trade wars could cap
gains.
Why $300K Might Be a Long
Shot
Not
everyone’s buying the hype. Bloomberg’s
Mike McGlone recently warned Bitcoin could crash to $10,000, citing
speculative excess and a macroeconomic reset.
“The whole
space needs purging just like the dot-com bubble did. It’s getting it in 2020,”
he said, drawing parallels to the early 2000s tech crash. His $10,000 call
hinges on several key arguments:
Gold’s 16%
rise in 2025 highlights a shift to traditional safe havens, challenging
Bitcoin’s “digital gold” narrative. Without Federal Reserve stimulus—unlike
2020’s recovery—Bitcoin may struggle to sustain a rally. McGlone’s bearish call
suggests the $300K bet is a high-risk gamble, not a sure thing.
Source: X
“In
short, a sharp drop followed by a rapid rebound is more likely than a slow
grind to $10K. That number only comes into play if everything unravels
completely,” he concluded.
Bitcoin Price Predictions:
Short-Term and Long-Term Outlook
Source |
Price Prediction |
Timeline |
Key Drivers |
Deribit Options Market |
$300,000 |
June 2025 |
Pro-crypto |
Bernstein |
$200,000 |
2025 |
ETF |
Standard Chartered |
$200,000–$250,000 |
2025 |
Retirement |
Robert Kiyosaki |
$500,000 |
2025 |
Post-halving |
Cathie Wood (ARK Invest) |
$1,000,000 |
2030 |
Corporate |
Daniel Roberts (IREN) |
$1,000,000 |
2030 |
ETF |
Robert Kiyosaki |
$1,000,000 |
2035 |
Economic |
Mike McGlone |
$10,000 |
2025 |
Macro |
Bitcoin Price News, FAQ
Will BTC go to 300k?
No one can
predict with certainty, but the $300K call option on Deribit reflects
speculative bets on pro-crypto U.S. policies and the 2024 halving’s supply
squeeze. “People like buying lottery tickets,” GSR’s Hallarn told CoinDesk.
However, a 275% surge from $80,000 by June 2025 is ambitious, and macro risks
like tariffs could derail it.
Is Bitcoin expected to
reach $100,000?
Many
analysts see $100,000 as achievable in 2025. Robert Kiyosaki predicted BTC
would hit $100,000 by September 2024, per Finance Magnates, and Bernstein’s
$200,000 forecast for 2025 implies crossing this threshold. Bitcoin’s 2025 peak
of $109,000 suggests $100,000 is within reach if bullish momentum resumes.
Will Bitcoin be 1 million
in 2030?
Cathie Wood
and Daniel Roberts both predict $1 million by 2030, citing institutional
adoption, ETF traction, and Bitcoin’s “digital gold” status, per Finance
Magnates. While possible if Bitcoin rivals gold’s $19.3 trillion market cap,
this requires unprecedented global adoption and regulatory clarity—far from
guaranteed amidst 2025’s economic uncertainty.
Can Bitcoin reach
$250,000?
Standard
Chartered forecasts $200,000–$250,000 by 2025, driven by retirement fund uptake
and a potential U.S. Bitcoin reserve, per CoinDesk. A $250,000 price would
require a 213% rise from $80,000, plausible given Bitcoin’s historical bull
runs (e.g., 500% in 2020–2021), but macro headwinds like a liquidity crunch
pose challenges.
Bitcoin
traders are placing big bets on a jaw-dropping price surge, with the $300K call
option emerging as a top pick in the crypto options market. Could Bitcoin
really triple to $300,000 by June 2025? This article dives into the speculative
frenzy, unpack the forces fueling this bold prediction, and offer actionable
insights for retail investors navigating Bitcoin’s wild ride.
The crypto
market thrives on bold bets, and the Deribit-listed $300,000 Bitcoin call
option expiring June 26, 2025, is stealing the spotlight. According to market
data, this option is the second-most popular bet in the June expiry, with over
5,000 contracts active and a notional open interest of $484 million.
For
context, one contract equals 1 BTC on Deribit, the world’s leading crypto
options exchange, which handles over 75% of global options activity.
This
“lottery ticket” bet implies Bitcoin’s spot price could triple from its current
$80,000 to over $300,000 in under two months.
Option traders bet on Bitcoin price reaching $300,000. Source: Coinglass.com
“There are
always folks that want the hyperinflation hedge,” said Spencer Hallarn, a
derivatives trader at GSR, quoted by CoinDesk.
But what’s
driving this speculative fever, and should retail investors jump in? Let’s
break it down.
You may also like: Will Bitcoin Price Hit $200K in 2025? Expert BTC Prediction Offers Hope In Sideways Market
The Bitcoin $300K Call: A
High-Risk, High-Reward Bet
The $300K
call is a deep out-of-the-money (OTM) option, meaning Bitcoin’s price must
skyrocket for it to pay off. These “wings” are cheap—priced at roughly $60 per
contract in April at 100% implied volatility, per Amberdata’s Director of
Derivatives. However, the potential payout is massive if Bitcoin surges, making
them akin to lottery tickets with slim odds but life-changing rewards.
The June 26
expiry is the largest among 2025 settlements, amplifying market volatility as
traders hedge, lock in gains, or speculate. The $300K call’s popularity trails
only the $110K call, signaling strong bullish sentiment despite Bitcoin’s
recent dip below $80,000.
Simranjeet
Singh of GSR attributes this enthusiasm to a pro-crypto U.S. regulatory
narrative and speculation around a potential Bitcoin strategic reserve. “I
suspect this is mostly an accumulation of relatively cheap wings betting on
broader U.S. reg narrative being pro-crypto,” Singh told CoinDesk.
What’s Fueling the $300K
Bitcoin Dream?
Several
catalysts are igniting optimism in the options market:
- Pro-Crypto Policy Shifts:
Senator Cynthia Lummis recently praised President Trump’s support for her
BITCOIN Act, which she claims is the “only solution” to the U.S.’s $36
trillion debt. “I’m grateful for a forward-thinking president who not only
recognizes this, but acts on it,” Lummis posted on X, per CoinDesk. A
national Bitcoin reserve could legitimize BTC as a strategic asset,
driving institutional demand. - Supply Squeeze Post-Halving:The April 2024
Bitcoin halving slashed mining rewards to 3.125 BTC, tightening supply.
Historically, halvings spark bull runs, as seen in 2016 and 2020. With ETF
inflows and corporate adoption (e.g., MicroStrategy’s BTC stockpiling),
demand could outstrip supply, pushing prices toward lofty targets. - Institutional Momentum:Bitcoin ETFs
have attracted $70 billion in inflows, per Bernstein, with 80% from
self-directed retail investors. Growing uptake by U.S. retirement funds
and options trading could amplify this trend, as Standard Chartered
predicts BTC could hit $200,000–$250,000 in 2025. - Hyperinflation Hedge:Traders view
Bitcoin as a shield against fiat devaluation. “There are always folks that
want the hyperinflation hedge,” Hallarn noted. With global debt soaring
and trade tensions escalating, Bitcoin’s fixed 21-million-coin supply
appeals to those betting on economic uncertainty.
Historical Context: Can
Bitcoin Triple by June?
Bitcoin’s
history is no stranger to meteoric rises:
- 2017:
BTC soared 1,900% from $1,000 to $20,000. - 2020–2021:
A 500% rally from $10,000 to $69,000. - 2023:
A 150% rebound from $16,000 to $69,000.
A tripling
from $80,000 to $300,000 would require a 275% surge in under two months—an
ambitious but not unprecedented move for Bitcoin, given its 80%+ annualized
volatility. However, past bull runs relied on loose monetary policy and retail
euphoria, while 2025 faces headwinds like Trump’s tariffs and a liquidity
crunch.
Others also read: How High Will Bitcoin Go? 3 New BTC Price Predictions for 2025 Suggest $120K–$210K Range
Bitcoin Price Technical
Analysis
On Monday,
May 5, 2025, Bitcoin is trading at $94,558 on Binance, holding near its
multi-month highs. However, from a technical perspective, the price remains in
a steady consolidation phase, with no clear signs of a breakout in the near
term.
Bitcoin’s
recent drop below $80,000 tested support at $74,500, but buyers defended this
level, per TradingView data. Key resistance lies at:
- $100,000 – a psychological barrier,
- $109,000: Bitcoin’s 2025 peak.
A breakout
above $100,000 could trigger a parabolic move, especially with options-driven
volatility. However, a failure to hold $74,500 might see BTC retest $59,000 or
$53,500, per prior support zones.
Bitcoin price technical analysis. Source: Tradingview.com
Bitcoin Price Prediction:
$300K and Above
While the
$300K call option targets a short-term moonshot by June 2025, some prominent
voices in the crypto space are betting on even loftier prices over the long
term. These ultra-bullish forecasts underscore Bitcoin’s potential as a
transformative asset, though they come with extended timelines and significant
caveats.
Cathie Wood’s $1 Million
Prediction by 2030:
Cathie
Wood, CEO of ARK Invest, projects
Bitcoin could reach $1 million by 2030, potentially matching gold’s $19.3
trillion market capitalization. Her bullish outlook hinges on corporate
treasury adoption, institutional investment, and interest from nation-states
diversifying reserves. “Bitcoin’s superior characteristics as a digital store
of value” will drive this surge, Wood argues, citing its fixed supply and
growing mainstream acceptance.
Daniel Roberts’ $1 Million
by 2030:
Daniel
Roberts, CEO of Bitcoin mining company IREN, echoes Wood’s optimism, forecasting
a $1 million Bitcoin by 2030. He points to Bitcoin’s 120% gain in 2024 and
increasing institutional adoption via ETFs. “If you consider Bitcoin’s
historical price trajectory, I’d be surprised if we’re not at a $1 million by
2030 given the traction of ETFs and institutional buying now,” Roberts told
Livewire Markets. He likens Bitcoin to “digital gold,” arguing it’s “scarcer,
easier to transfer, and easier to divide” than its analog counterpart.
Robert Kiyosaki’s $1
Million by 2035 and Beyond:
Renowned
author of Rich Dad Poor Dad, Robert Kiyosaki, predicts
Bitcoin could hit $1 million by 2035, driven by an economic crash and
surging U.S. debt. He also made earlier, more aggressive calls, including a
$500,000 target for 2025 and a $100,000 price by September 2024, citing the
April 2024 halving’s supply reduction. Kiyosaki sees Bitcoin as a hedge against
fiat devaluation, urging investors to act: “Those who wait in fear may be the
biggest losers.” His long-term vision assumes a “Greater Depression” and
massive adoption, though he acknowledges macro risks like trade wars could cap
gains.
Why $300K Might Be a Long
Shot
Not
everyone’s buying the hype. Bloomberg’s
Mike McGlone recently warned Bitcoin could crash to $10,000, citing
speculative excess and a macroeconomic reset.
“The whole
space needs purging just like the dot-com bubble did. It’s getting it in 2020,”
he said, drawing parallels to the early 2000s tech crash. His $10,000 call
hinges on several key arguments:
Gold’s 16%
rise in 2025 highlights a shift to traditional safe havens, challenging
Bitcoin’s “digital gold” narrative. Without Federal Reserve stimulus—unlike
2020’s recovery—Bitcoin may struggle to sustain a rally. McGlone’s bearish call
suggests the $300K bet is a high-risk gamble, not a sure thing.
Source: X
“In
short, a sharp drop followed by a rapid rebound is more likely than a slow
grind to $10K. That number only comes into play if everything unravels
completely,” he concluded.
Bitcoin Price Predictions:
Short-Term and Long-Term Outlook
Source |
Price Prediction |
Timeline |
Key Drivers |
Deribit Options Market |
$300,000 |
June 2025 |
Pro-crypto |
Bernstein |
$200,000 |
2025 |
ETF |
Standard Chartered |
$200,000–$250,000 |
2025 |
Retirement |
Robert Kiyosaki |
$500,000 |
2025 |
Post-halving |
Cathie Wood (ARK Invest) |
$1,000,000 |
2030 |
Corporate |
Daniel Roberts (IREN) |
$1,000,000 |
2030 |
ETF |
Robert Kiyosaki |
$1,000,000 |
2035 |
Economic |
Mike McGlone |
$10,000 |
2025 |
Macro |
Bitcoin Price News, FAQ
Will BTC go to 300k?
No one can
predict with certainty, but the $300K call option on Deribit reflects
speculative bets on pro-crypto U.S. policies and the 2024 halving’s supply
squeeze. “People like buying lottery tickets,” GSR’s Hallarn told CoinDesk.
However, a 275% surge from $80,000 by June 2025 is ambitious, and macro risks
like tariffs could derail it.
Is Bitcoin expected to
reach $100,000?
Many
analysts see $100,000 as achievable in 2025. Robert Kiyosaki predicted BTC
would hit $100,000 by September 2024, per Finance Magnates, and Bernstein’s
$200,000 forecast for 2025 implies crossing this threshold. Bitcoin’s 2025 peak
of $109,000 suggests $100,000 is within reach if bullish momentum resumes.
Will Bitcoin be 1 million
in 2030?
Cathie Wood
and Daniel Roberts both predict $1 million by 2030, citing institutional
adoption, ETF traction, and Bitcoin’s “digital gold” status, per Finance
Magnates. While possible if Bitcoin rivals gold’s $19.3 trillion market cap,
this requires unprecedented global adoption and regulatory clarity—far from
guaranteed amidst 2025’s economic uncertainty.
Can Bitcoin reach
$250,000?
Standard
Chartered forecasts $200,000–$250,000 by 2025, driven by retirement fund uptake
and a potential U.S. Bitcoin reserve, per CoinDesk. A $250,000 price would
require a 213% rise from $80,000, plausible given Bitcoin’s historical bull
runs (e.g., 500% in 2020–2021), but macro headwinds like a liquidity crunch
pose challenges.