Overview

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Over $2.25 billion in Bitcoin and Ethereum options are expiring today, sending ripples across the crypto market. With traders eyeing the “max pain” levels, could we Bitcoin (BTC) investors are preparing for the record-breaking $16.5 billion monthly options expiry on March 28. However, the actual market impact is expected to be Hace 1 día This week’s expiring Bitcoin and Ethereum options are significantly higher than last week’s, as today’s expiring contracts are for the month. May Options Expiry: Over $11 Billion Today, April 18, amid Good Friday celebrations, 23,221 Bitcoin (BTC) options contracts will expire. The notional value for this Friday’s tranche of expiring Bitcoin options contracts is Hace 1 día $9.8B Bitcoin Options Expiry Today. According to data from Deribit, a leading crypto derivatives platform, around 92,459 Bitcoin contracts will expire today. These contracts are Hace 2 días Bitcoin markets are bracing for a potentially volatile Friday as over 93,000 BTC options contractsworth more than $10 billionare set to expire on Deribit at UTC. The bitcoin market enters a crucial day with the expiration of $16.5 billion in options, a record that could shape its short-term trajectory. While $90,000 seemed within

Will Friday\'s Bitcoin Options Expiry Trigger a BTC Revisit to $30k?

Bitcoin markets are bracing for potential volatility this Friday as a significant number of Bitcoin options contracts expire. Could this event trigger a downward correction, potentially leading BTC to revisit the $30,000 level? Let\'s analyze the factors at play.

The Impending Options Expiry: A Catalyst for Volatility?

Friday\'s Bitcoin options expiry is a major event to watch. This week’s expiring Bitcoin options are significantly higher than last week’s, representing the entire month\'s contracts. According to Deribit, a leading crypto derivatives platform, a substantial volume of contracts will expire today. For instance, on one Friday, April 18, coinciding with Good Friday celebrations, 23,221 Bitcoin (BTC) options contracts were set to expire.

The notional value for this Friday’s tranche of expiring Bitcoin options contracts is substantial. Some reports indicate over $2.25 billion in Bitcoin and Ethereum options are expiring today, potentially sending ripples across the crypto market. With traders eyeing the “max pain” levels, significant price movements are possible.

Record-Breaking Expiry: What to Expect?

Bitcoin (BTC) investors are preparing for these large options expiries. While the record-breaking $16.5 billion monthly options expiry on March 28 didn\'t have the predicted impact, the market remains sensitive. In fact, another Friday saw around 92,459 Bitcoin contracts expiring, worth over $10 billion. One thing to note is while the $90,000 level seemed within reach at some point, current market conditions may present different possibilities.

Potential Scenarios and Market Impact

The expiry of these Bitcoin options contracts could lead to various scenarios. Market makers may need to buy or sell Bitcoin to hedge their positions, which can cause price fluctuations. The "max pain" theory suggests the price tends to gravitate towards the strike price with the most open interest as the expiry date approaches, potentially leading to increased selling pressure if the current price is above the \'max pain\' level.

Conclusion: Monitor the Market Closely

The Bitcoin options expiry this Friday presents a crucial moment for the cryptocurrency market. While it\'s impossible to predict the exact outcome, understanding the potential impact of this event is crucial for investors. Whether or not it will trigger a re-visitation of the $30k level remains to be seen, but close monitoring of the market is essential.

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