---
title: As highlighted by The Kobeissi Letter, options markets are suggesting that Bitcoin will hit $50,000 by January
description: "This also happens to be the same month that Bitcoin ETF approvals are expected.\nOpen interest for Bitcoin $50,000 strike calls is massive, as displayed below.\nA move to $50,000 would put Bitcoin up more than 200% from its low.\nOptions are suggesting the run is only just beginning. Can Bitcoin continue to thrive after ETF approvals?\nSource: The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [As highlighted by The Kobeissi Letter, options markets are suggesting that Bitcoin will hit $50,000 by January](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-d0be31dd)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Dec 7, 2023, 8:49:43 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-d0be31dd)

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