Expiry – Page 10 – Blockchain

Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry

BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8’s options expiry.

Recent strength in Ethereum boosted investors’ morale and gave bulls the upper hand in March 25’s $2.4 billion options expiry.

Holding $42,000 will help determine whether BTC bulls bag a $175 million profit in March 25’s $3.34 billion options expiry.

BTC price struggles to sustain $40,000, but March 18’s options expiry might give bulls the $160 million profit needed to keep the positive momentum.

BTC price is retesting underlying support on March 3, but derivatives data hints that bulls may launch an assault on $45,000 as March 4’s options

Recent strength in BTC and the recovery in equities markets are boosting investors’ confidence and giving bulls the upper hand.