๐จ BITCOIN: $78,500 & SEPTEMBER 25 IN FOCUS ๐
$BTC has weathered the recent rate-hike shock, but traders are now watching the next major levels and key market events.
๐ฏ KEY LEVELS TO WATCH
โก๏ธ $78,500 โ important near-term level
โก๏ธ $75,000 โ widely watched reference low for the current pullback
โก๏ธ $72,000 โ estimated maximum-pain level for quarterly options expiry
โก๏ธ September 25 โ another important date on the market radar
โ ๏ธ TRIPLE WITCHING EFFECT
According to PANews, traders are also watching tonightโs triple-witching session. Historical data cited in the report shows the S&P 500 declined in 12 of 14 similar sessions since 2012.
๐ BTC now faces a critical period where price action, options positioning and liquidity could influence the next major move.
Watch the levels. Watch the volatility. Trade with a plan. ๐ง
DYOR โ Not financial advice.
#CryptoNews #CryptoTrading #Options #BitcoinAnalysis
$BTC has weathered the recent rate-hike shock, but traders are now watching the next major levels and key market events.
๐ฏ KEY LEVELS TO WATCH
โก๏ธ $78,500 โ important near-term level
โก๏ธ $75,000 โ widely watched reference low for the current pullback
โก๏ธ $72,000 โ estimated maximum-pain level for quarterly options expiry
โก๏ธ September 25 โ another important date on the market radar
โ ๏ธ TRIPLE WITCHING EFFECT
According to PANews, traders are also watching tonightโs triple-witching session. Historical data cited in the report shows the S&P 500 declined in 12 of 14 similar sessions since 2012.
๐ BTC now faces a critical period where price action, options positioning and liquidity could influence the next major move.
Watch the levels. Watch the volatility. Trade with a plan. ๐ง
DYOR โ Not financial advice.
#CryptoNews #CryptoTrading #Options #BitcoinAnalysis