(Bloomberg) -- After a breakneck run toward a record high this week, soaring demand for options appears to have left Bitcoin teetering on the verge of another parabolic run or a violent plunge. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOElon Musk Sues OpenAI and Altman for Breaching Firm’s Founding MissionBankers Sick of the NYC Commute Are Fueling a Boom in a Mini GreenwichBitcoin has jumped ar