BTCI: $100K Sticky Bitcoin Level May Benefit Option Sellers

  • BTCI offers high yield by selling Bitcoin options, but these distributions are a return of capital rather than true income and may erode principal over time. BTCI outperforms in flat Bitcoin markets due to its premium income, but underperforms during sharp rallies and carries a similar downside risk to holding Bitcoin directly. I suspect Bitcoin's price may remain range-bound near $100K due to the behavioral and emotional weight of this price level, creating resistance above $110K and support below $90K.