Today is the largest options settlement day in Bitcoin history, with $23.6 billion in options expiring.
The sideways movement during Christmas may seem calm, but Bitcoin prices are likely to experience sharp fluctuations in the next two or three days.
Next Monday, the Christmas holiday will be over, Wall Street will be back to work, and silver and gold have also risen significantly. So, Bitcoin should also start its performance. The biggest pain point is around 95,000, with a lot of short positions probably. I personally think it will rise first, then fall to find a bottom, and continue to rally.
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Today is the largest options settlement day in Bitcoin history, with $23.6 billion in options expiring.
The sideways movement during Christmas may seem calm, but Bitcoin prices are likely to experience sharp fluctuations in the next two or three days.
Next Monday, the Christmas holiday will be over, Wall Street will be back to work, and silver and gold have also risen significantly. So, Bitcoin should also start its performance.
The biggest pain point is around 95,000, with a lot of short positions probably. I personally think it will rise first, then fall to find a bottom, and continue to rally.