Bitcoin approaches $117,600 amid warnings of significant volatility
• Bitcoin is experiencing a significant rise, but it faces imminent volatility risks due to the expiration of massive financial options today.
• Analyst “Ted” warned of the impact of $4.9 trillion in options expiring (including stocks and funds), an amount that exceeds the total market capitalization of cryptocurrencies (~$4 trillion).
• Historically, such events have led to strong market volatility, as seen in March and June 2025, when Bitcoin prices dropped after sharp increases.
• The Deribit platform shows that $4.3 billion in cryptocurrency options will expire today, of which $3.5 billion is for Bitcoin (maximum loss level: $114,000), and $806 million for Ethereum (maximum loss: $4,500).
• These levels act as price magnets, increasing the likelihood of violent market movements.
• Experts expect temporary pullbacks due to the liquidation of leveraged positions, but this could pave the way for record highs later.
• This is supported by the possibility of a reduction in U.S. interest rates, which could be a strong driver for Bitcoin to reach new peaks