What to Expect as Bitcoin Prepares for $5.8 Billion Options Expiry

By Cino Gaperi Jan 25, 202441Views

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Awaiting D-Day: Bitcoin Faces Options Expiry

There is a major expiration of options worth $5.82 billion, involving $3.75 billion in BTC options and $2.07 billion in ETH options, that is looming over Bitcoin and Ethereum.

Key Economic Indicators

Contrastingly, the dollar index remains stable around 103.70, but traders are closely watching the upcoming U.S. fourth-quarter GDP data, which is expected to reveal a 2% seasonally adjusted annualized pace.

Option Pain Points

The max pain point for Bitcoin is $41,000 and $2,300 for Ether, indicating potential losses for options buyers at the expiration which is crucial for traders’ decisions.

Hot Take

The upcoming expiry of crypto options will have a significant impact on both Bitcoin and Ether prices. This will be closely monitored by traders, and we are all anticipating how it will play out.

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Cino Gaperi

Cino Gaperi stands out as a prominent crypto analyst, accomplished researcher, and adept editor, making significant contributions to the field of cryptocurrency. With a strong background in crypto analysis and research, Cino's insights delve deep into the intricate aspects of digital assets, appealing to a diverse audience. His keen analytical skills are complemented by his editorial proficiency, allowing him to distill complex crypto information into easily digestible content. Cino's contributions serve as a valuable compass for both seasoned enthusiasts and newcomers, guiding them through the dynamic landscape of cryptocurrencies with well-researched perspectives. With a commitment to precision, he empowers informed decision-making within the ever-evolving crypto sphere.