Bitcoin Isn’t Quiet, It’s Coiled

​$BTC is currently pinned in a tight range between $85,000 and $90,000, acting more like a mechanical floor than a market trend. On-chain data shows massive options open interest at these strikes, effectively "pinning" the price as dealers neutralize their delta exposure ahead of the massive $23B year-end expiry on Friday.

​While volume is thinning due to the holiday lull, the momentum is building under the surface with implied volatility at monthly lows. This structural compression usually leads to a sharp expansion once the "gamma wall" dissolves post-expiry.

​Do you think we see a breakout toward $100k before the New Year, or is the $85k support still too fragile?

​#Bitcoin #BTC #CryptoTrading #MarketAnalysis