🚨 BREAKING : $23.6B worth of Bitcoin options are set to expire next Friday.

For those new:

Bitcoin options are derivative contracts that let traders bet on where $BTC price will be at a certain date, without owning BTC itself. When a large amount expires at once, price often moves toward levels that cause the most losses for option holders.

Calls are heavily clustered around 100K and 120K.

Puts are concentrated near 85K.

Max pain sits around 96K.

This is shaping up to be one of the largest Bitcoin options expiry events ever.

TRENDING TODAYS :

$BEAT READY TO SHORT

$XPIN PUMPING

#Bitcoin #Options #CryptoMarket $BTC