Traders are eyeing a $300,000 Bitcoin ($BTC) target as early as June – and early-stage investors in BTC Bull Token ($BTCBULL) are paying close attention.
Forget “sell in May and go away” – options traders are betting big that Bitcoin will make its next major move this month, with massive upside potential through June.
If BTC Bull Token – already backed by over $5.3 million in presale funding – launches during this breakout window, holders could be in for a serious payday.
The project’s utility unlocks not one, not two, but four real Bitcoin airdrops once milestone prices are hit.
And right now, $BTCBULL is still in pre-exchange territory – giving buyers a rare shot to load up before the next price bump.
Since airdrop rewards are weighted based on token holdings, every extra token secured now could mean more Bitcoin later.
The current price per $BTCBULL is $0.002495, but that’s set to increase in the next 24 hours as the presale enters what may be its final stages.
Options traders are swinging for the fences on Deribit, with $484 million in open interest on $300K Bitcoin calls
When options traders go big, they really go big. More than 5,000 call contracts are open on Bitcoin hitting $300,000 by June 26, representing a bold move with a notional open interest of $484 million.
That kind of exposure shows traders aren’t just speculating – they’re increasingly confident Bitcoin could make a historic move.
If $BTC does break past that level, those holding these calls stand to make a fortune. And for those already holding spot Bitcoin, the upside could be even more explosive.
But how realistic is a $300,000 target in the next few weeks? From today’s price of roughly $94,645, Bitcoin would need to rally 216% to hit the strike.
While many analysts expect Bitcoin to eventually reach $250,000 or even $300,000, the typical timeline for that is much longer – often looking ahead to the end of 2025, possibly around the crypto’s traditionally best months in October and November.
Analysts refer to these types of options as “lottery tickets” – because they offer massive upside with limited downside.
Traders can gain leveraged exposure without buying spot BTC, and if the price falls short, the loss is relatively minimal compared to the potential reward.
What’s driving traders to bet on $300,000 Bitcoin?
What’s really fueling the optimism, though, is macro and institutional momentum. April data pointed toward a stagflationary environment – slowing economic growth alongside persistent inflation. In this kind of setup, Bitcoin is increasingly viewed as a hedge asset.
Institutions are taking note. In the last eight days of April alone, spot Bitcoin ETFs recorded over $3 billion in net inflows. And in the first two days of May, another $1 billion has already poured in.
That kind of capital movement helps explain why some traders are willing to bet on a $300,000 BTC – even on short timeframes.
And while Deribit options holders are hoping for a breakout, there’s one new project whose utility is directly aligned with Bitcoin’s price milestones – and offers exposure to Bitcoin upside without needing to buy spot or gamble on expiry dates.
BTC Bull Token gives early investors a unique opportunity: to align with Bitcoin’s next move while locking in real utility. And unlike call options that can expire worthless, BTC Bull Token holders are positioned to receive actual Bitcoin – no matter what.
A stake in $BTCBULL has a better upside than a Deribit call option
When investors buy $BTCBULL, they’re not taking on the same kind of risk as with options trading. If Bitcoin doesn’t hit a specific price right away, that’s perfectly fine.
Why? Because simply holding $BTCBULL qualifies users for automatic Bitcoin airdrops – a core part of the token’s utility.
The first price milestone that activates these Bitcoin rewards is $150,000, which represents about a 58% increase from Bitcoin’s current price.
Source: TradingView
After that, the reward system repeats at every $50,000 increment: $200,000, $250,000, $300,000 – and all the way up to $1 million. That’s why if Bitcoin hits $300,000, four Bitcoin airdrops would have already been triggered.
Now, some might ask: what if the token’s price drops? Unlike an options contract that can expire worthless, BTC Bull Token includes a built-in supply reduction mechanism to help manage token value.
Starting at $125,000 BTC, a token burn is triggered at every $50,000 milestone, reducing supply and increasing scarcity.
This mirrors Bitcoin’s own deflationary model – similar to halvings – which is what has helped drive BTC’s long-term value.
With $BTCBULL, investors aren’t just watching from the sidelines – they’re directly tied into the momentum. It’s not just the next best thing to owning Bitcoin. In many ways, it’s a way to amplify Bitcoin’s upside without needing to buy more BTC.
BTC Bull Token could launch soon
Now, with the current presale round set to end in less than 24 hours, the window to stock up on $BTCBULL at a discount is closing fast.
This could be one of the final rounds in the project’s fundraising campaign, as the token allocation for the presale appears to be approaching a complete sellout.
If the project hits its funding cap and launches this month – as expected – early investors will be perfectly positioned to ride the potential run-up to $300,000 Bitcoin, just as options traders are predicting.
That’s why timing matters more than ever. Bitcoin could break out without warning – and when BTC Bull Token goes live, only those already holding $BTCBULL will be eligible for the token’s passive Bitcoin airdrops.
Join the BTC Bull Token presale before Bitcoin hits $300,000
To join the presale, head to the BTC Bull Token website and grab your $BTCBULL tokens using ETH, USDT, or even a bank card.
For the smoothest experience, use Best Wallet – the recommended multi-chain wallet fully integrated with BTC Bull Token’s milestone rewards system. Just by holding $BTCBULL inside Best Wallet, you’ll automatically qualify for Bitcoin airdrops as each milestone is hit.
Best Wallet is available for download on Google Play or the Apple App Store.
And to grow your $BTCBULL stash ahead of launch, you can also stake your holdings in BTC Bull Token’s protocol, which currently generates a 77% APY, adjusting dynamically based on the pool size.
Stay connected with the BTC Bull Token community on X and Telegram for real-time updates, milestone alerts, and presale news.
The post ‘Buy in May, Get Paid in June?’ – $300K Bitcoin Calls Heat Up, BTC Bull Token Is Locked In appeared first on Cryptonews.
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