$15B In Bitcoin Options Expire Friday As Analyst Eyes $100,000

The post $15B In Bitcoin Options Expire Friday As Analyst Eyes $100,000 appeared first on Coinpedia Fintech News

Roughly $15 billion in Bitcoin options expire Friday at 4:00 AM ET on Deribit, with bulls firmly in control. About $4.7 billion in positions sit between $50,000 and $85,000, while 98% of sell options are set to expire worthless. Analyst Ali Martinez said Bitcoin’s double bottom pattern suggests the $82,500 neckline will hold as support, …