Bitcoin bulls optimistic as Deribit's $15B options expiry nears. Speculation of $80,000 surge post-expiry. Current price at $70,140, with $200,000 target predicted. Cautious optimism urged amidst market volatility.
EdmundBTC, Crypto Markets, How Options Are Fueling Bitcoin Rise? Golden Finance, the market whisper has become a roar
JinseFinanceAs Bitcoin and Ethereum options expire, a $3.4 billion event adds to selling pressure. Markets at $1.64 trillion valuation show a 0.5% gain but face downward trends. Grayscale and miner sell-offs persist, impacting Bitcoin and Ethereum prices.
Xu LinBTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor.
CointelegraphBTC bulls aim to secure a $235 million profit from July 22’s BTC options expiry, but a downside move below $22,000 could nix this plan.
CointelegraphBTC price lost the momentum that had pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level.
CointelegraphETH prices are back at $3,800, and derivatives data shows bulls are well positioned for Friday’s $385 million options expiration.
CointelegraphBTC price is in a freefall, and data suggests bears will keep the pressure on until April 8’s options expiry.
CointelegraphBTC staged a small relief rally, but securing $41,000 is the key to determining whether or not the current sell-off has ended.
Cointelegraph$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.
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