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The market faces a record $23.7B options expiry, setting a $100,000 target for Bitcoin post-expiry. Analysts weigh in on price impact and volatility ahead.
Bitcoin options worth $2.65 billion expire in December 2024. Learn what this means for the market and get practical advice for traders and miners.
Long-term Bitcoin whales selling covered calls are suppressing BTC spot prices despite ETF demand, says analyst Jeff Park. Market makers hedge by selling spot BTC, pushing prices down.