QCP Capital indicates that large traders are positioning for Bitcoin to reach $130,000 by the end of Q3, despite current prices hovering around $105,000. The report notes a rise in job openings that has increased risk appetite, contributing to a flattening volatility term structure. However, macroeconomic uncertainties, including tariff tensions and upcoming payroll data, could impact Bitcoin's price movement. A lack of clear catalysts may keep Bitcoin within its current range, with significant interest in September $130,000 call options suggesting optimism among traders.