BNB$676.86-1.31%BRENT$86.09-2.81%BTC$77,711-1.93%COPPER$6.71-0.05%DJI$53,577+0.30%DOGE$0.0841-1.44%DXY99.03+0.11%ETH$2,396-1.99%GOLD$4,621-0.80%NDX$29,209+0.64%SILVER$68.58-0.03%SOL$91.24-2.07%SPX$7,677+0.32%US10Y4.64-1.38%VIX15.71+1.68%BNB$676.86-1.31%BRENT$86.09-2.81%BTC$77,711-1.93%COPPER$6.71-0.05%DJI$53,577+0.30%DOGE$0.0841-1.44%DXY99.03+0.11%ETH$2,396-1.99%GOLD$4,621-0.80%NDX$29,209+0.64%SILVER$68.58-0.03%SOL$91.24-2.07%SPX$7,677+0.32%US10Y4.64-1.38%VIX15.71+1.68%
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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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