Bitcoin’s upcoming $10.5B options expiry may end bear market: Here’s how
Bitcoin markets are bracing for Friday’s $10.5 billion monthly options expiry. Does the data show bulls or bears at an advantage?
Key takeaways:
Bitcoin bulls need a 9% rally from current levels to take the advantage in Friday’s $10.5 billion options expiry.
The 90% correlation between Bitcoin and the Nasdaq 100 Index shows that tech investor sentiment drives market confidence.