Bitcoin’s (BTC) $5.8B Quarterly Options Expiry May Spark Market Swings, Deribit Says

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Bitcoin’s (BTC) $5.8B Quarterly Options Expiry May Spark Market Swings, Deribit Says

Bitcoin’s max pain level for Friday’s expiry is $59,000.”The current max pain point of $59,000, approximately 8% below the spot price, does create some potential downward pressure as we approach expiry,” Rick Maeda, an analyst at Presto Research, told CoinDesk. www.coindesk.com

Bitcoin’s max pain level for Friday’s expiry is $59,000.”The current max pain point of $59,000, approximately 8% below the spot price, does create some potential downward pressure as we approach expiry,” Rick Maeda, an analyst at Presto Research, told CoinDesk.

www.coindesk.com