- BTC options for $ 16.5 billion to run today can trigger volatility exposure, especially if the Price near the pivot zone of $ 85,000 to 90,000.
- Since many $ 92,000 call options are at risk, Bitcoin is under pressure-only a strong rally can shift the dynamics in the direction of a new ATH.
The crypto market is faced with a decisive event in which a lot is at stake: Bitcoin options over $ 16.5 billion run out today, on March 28th.
This could trigger a strong volatility attack and significantly influence the short -term course of BTC.
The decay of options can have serious consequences
Options are derivatives that give the owners the right-not the obligation-to buy or sell a asset at a certain price before a specific date (call options) (put options).
Depending on where Bitcoin is traded at the time of decay, there are three possible results. If BTC falls below $ 85,000, the bears will probably win the upper hand because the sales options gain value and may trigger a market sale.
If the course remains between $ 85,000 and $ 90,000, it is a neutral zone in which neither bulls nor bears have a clear advantage, which could lead to a sideways movement of the course.
However, if Bitcoin increases over $ 90,000, the bulls could take control because many call options become profitable and potentially drive up the price.
Dealers should observe these zones closely in order to obtain information on the market direction.
Market influences
The macroeconomic conditions, such as global uncertainty and the policy of central banks, also play a role. Investors pay attention to a possible decoupling of BTC from the traditional financial markets – especially when institutions switch to crypto -friendly strategies.
The total open interest currently includes USD USD $ 10.5 billion in purchase options and USD 6 billion. A large part of the bullish call options focuses on exercise prices of $ 92,000. If BTC is traded below this level, many of these options could expire worthless, which gives the bear an advantage.
Can Bitcoin BTC reach a new ATH?
According to a CNF report on the latest on-chain data, Bitcoin has come across resistance near the $ 89,000 mark. At the time of the creation of this report, BTC is traded at $ 84,948, which means a daily decline of 2.57 % and a weekly increase of 1.01 %, according to the data from Coin Market Cap.
In addition, according to Pro Grok’s analysis:
“Bitcoin’s 85,500 dollar level … faces a volatility through a $ 16.5b option falling. In the area of $ 85k- $ 90k, BTC is on knife cutting edge-either a bearish decline or neutral stability. The pressure by unpredictable 92-k $ call options could be expected. Sharp movements can be expected.”
Investors should remain vigilant during this phase of increased volatility. Falling days of options are known for sudden price fluctuations.
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