BNB$723.49+0.07%BRENT$104.57-2.85%BTC$77,963+1.34%COPPER$6.48+0.25%DJI$52,064-0.60%DOGE$0.0850+0.31%DXY99.11+0.07%ETH$2,508+2.22%GOLD$4,388+1.64%NDX$29,104-1.08%SILVER$65.19+2.59%SOL$101.54+2.25%SPX$7,592-0.58%US10Y4.95+0.06%VIX16.60+0.85%BNB$723.49+0.07%BRENT$104.57-2.85%BTC$77,963+1.34%COPPER$6.48+0.25%DJI$52,064-0.60%DOGE$0.0850+0.31%DXY99.11+0.07%ETH$2,508+2.22%GOLD$4,388+1.64%NDX$29,104-1.08%SILVER$65.19+2.59%SOL$101.54+2.25%SPX$7,592-0.58%US10Y4.95+0.06%VIX16.60+0.85%
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·Confidence 80%

Bitcoin Options Expiry Could Target $80,000 Level

Key takeaways

  • As $6.44 billion in Bitcoin options expire, dealer hedging may push BTC towards the $80,000 mark or trigger a significant breakout this Friday.

Analysis

As $6.44 billion in Bitcoin options expire, dealer hedging may push BTC towards the $80,000 mark or trigger a significant breakout this Friday.

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