starting with-0

🚨 If you’re wondering why BTC keeps hovering around $85k-$90k no matter how many people try to push it…
I have the answer for you.
And it likely resolves within the next ~72 hours.
Here’s what’s actually going on:
Bitcoin is sitting right on a critical options flip level around $88k
ABOVE THAT LEVEL:
Market makers are effectively forced to sell into green cancles and buy dips. Any rally is limited and the price goes right back to the middle.
BELOW THAT LEVEL:
The behavior changes completely, selling pressure feeds on itself and volatility grows instead of getting absorbed.
That’s why price keeps getting pulled back to the same area over and over again. It’s not because of traders.
Now look at why $90K keeps rejecting.
There’s a massive concentration of call options sitting at $90,000. Dealers are short those calls.
Every time price pushes toward that level, they hedge by selling spot BTC.
So what looks like “sell pressure” is really forced supply showing up exactly where traders expect momentum.
That’s why every $90K attempt fails miserably.
On the downside, $85K is doing the opposite.
There’s heavy put positioning there. As price drops, dealers hedge by buying spot. That’s why dips are bought immediately.
This creates a tight range that feels completely normal on the surface, but it’s not stable at all.
The reason this matters now is because of timing.
A large chunk of option exposure will expire on DECEMBER 26, the day after christmas.
Roughly three quarters of the current gamma profile disappears at expiry.
Once we get past December 26, that pressure will be completely GONE.
Not because people suddenly change their minds, but because the forces pinning price in place are gone.
Btw, I’ve been studying macro for the last 22 years, and I’ve been in Bitcoin since 2013. I called the last two major market tops and bottoms.
When the next bottom is in and I start buying BTC again, I’ll say it here publicly so you can copy me.
If you still haven’t followed me, you’ll regret it.