This bullish Bitcoin options strategy targets $50K without risk of liquidation

Long-dated options and bulls still make waves with their ultra bullish bets, but even they must admit that the possibility of (BTC) trading above $60,000 in the next couple of months is dim.

Many traders have added leveraged-long positions via futures contracts to chase after the elusive all-time high, but this seems like an unrealistic outcome.

Bitcoin options strategy returns. Source: Deribit Position Builder