$570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.
Category: Deribit
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Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday
BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday.
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Bitcoin options tantalizing bears to push price below $30K before Friday’s expiry
Bitcoin bears are closing in on a rare win as they have the advantage in this week’s $600 million BTC options’ expiry.
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Bitcoin price data suggests bulls will succeed in holding $30K as support this time
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support.
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Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry
News of regulatory enforcement against the crypto sector fell to the wayside as Bitcoin price rallied above $30,000, and options data suggests the trend will continue.
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Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible.
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Why Bitcoin’s resistance to retesting the $25K support could be futile
Bitcoin price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable according to derivatives data.
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Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation
Regulatory concerns continue to impact the entire crypto market and this week’s BTC options expiry could play a decisive role in pushing Bitcoin price under $26,000.
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Bitcoin price hangs in the balance — Friday’s $2.26B BTC options could result in more downside
Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.
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Bitcoin price capitulation below $26K increases as Friday’s BTC options expiry looms
This week’s BTC options expiry could play a decisive role in Bitcoin price potentially trading below the $26,000 level.
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