Tomorrow is a big day for #Bitcoin.
Around $23.8 billion worth of BTC options expire, the largest expiry ever.
That’s more than 1% of Bitcoin’s market cap coming off in one go.
This is why price has been stuck between $85K and $90K.
Dealer hedging has been holding it there, not real buying or selling.
Once those options expire, that pressure disappears.
Price can finally move on real demand again.
That’s when we see if this range was quiet accumulation… or smart distribution.
BTCUSDT
دائم
87,505.1
+0.06%
XRPUSDT
دائم
1.8553
+0.49%