Big Option Expiration this Month

in #bitcoin2 days ago

This might be partly why Bitcoin can't move

We have a ton of Bitcoin Options set to expire at the end of the month.

More than $7 billion worth to be precise.

image.png

(Source: https://x.com/BitcoinNewsCom/status/1883213247840461036/photo/1)

This is probably a major reason why bitcoin can't move.

Once we get past that we will see what happens.

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