Bitcoin Bulls Predict Astounding Price Upside Amid Skyrocketing Rally.

Bitcoin's rally is no longer driven by inflation, but by potential recession risks. Bulls are better positioned for the weekly BTC options expiry, with $490 million in call options and less than 7% of bearish bets exceeding $29,000. The most likely scenario favors Bitcoin bulls, with profits likely to reinforce the $30,000 support. Bears might consider waiting for additional actions from regulators, as the macroeconomic scenario is currently bullish for supply-capped assets.