Bitcoin Set for Largest-Ever Options Expiry This Friday, Potentially Fueling Bitcoin Price Spike
BlockBeats News, December 24th, this Friday will see approximately $23.6 billion worth of Bitcoin options expiring, marking the largest options expiry day in Bitcoin's history.
Analysis indicates that this expiry is of significant scale and is overall skewed to the upside. The maximum pain point (the price level at which options buyers suffer the most loss at expiry, and sellers make the most profit) is at $96,000, which will reinforce the upward price trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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