{{articledata.title}}

Bets are growing in the options market that Bitcoin's (CRYPTO: $BTC ) price will fall below $80,000 U.S. during this year's first half.

Specifically, options traders now see a 30% chance of Bitcoin falling below $80,000 U.S. by the end of June. That's up from a 10% probability seen in December of last year.

Analysts say the options market is pricing in increasing downside risk for Bitcoin as the cryptocurrency market deals with growing uncertainty, with few catalysts on the horizon.

Options are derivative contracts that let investors bet on Bitcoin's price movements, similar to betting on the score of a football game.

The bearish outlook for Bitcoin grows as the price of the largest cryptocurrency falls to $90,000 U.S.

Crypto prices are trending lower after U.S. President Donald Trump threatened to impose new tariffs on Europe for opposing his acquisition of Greenland.

Should Bitcoin fall below $80,000 U.S., it would be the lowest level for the cryptocurrency since April 2025 when it fell to $75,000 U.S.

Analysts say rising geopolitical tensions could lead to deeper losses for risk assets such as crypto and stocks.

For now, downside fears related to digital assets such as Bitcoin are rising, with a negative near-term outlook.

BTC is down about 11% over the past 12 months and well below the all-time high of $126,000 U.S. that it reached in early October of last year.