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Coin Telegraph

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Image Credit: Coin Telegraph

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

  • The $16.5 billion monthly options expiry for Bitcoin (BTC) is expected to have a limited market impact.
  • Bitcoin's drop below $90,000 invalidated many bullish positions and provided an opportunity for bears to escape potential losses.
  • Bullish investors aim for levels above $92,000, but the advantage for their bets has weakened.
  • Bulls and bears both have incentives to influence Bitcoin's spot price as the options expiry date approaches.

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