Bitcoin will face its largest options expiration date in history this Friday, which could drive up its price.

This article is machine translated
Show original

On Friday, December 24, approximately $23.6 billion worth of Bitcoin options will expire, marking the largest options expiration date in Bitcoin's history.

Analysis indicates that the expiration date is exceptionally large, and the overall trend is bullish. The biggest pain point (the price level at which option buyers suffer the greatest loss and sellers the greatest profit at expiration) is $96,000, which will reinforce the upward price trend.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments