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Will Markets Break Resistance When $2B Crypto Options Expire Today?

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Will Markets Break Resistance When $2B Crypto Options Expire Today?

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Around 22,200 Bitcoin options contracts will expire on Friday, April 17, with a notional value of roughly $1.66 billion. This event is a little smaller than last week’s expiry, so it is unlikely to have any impact on spot markets. Crypto prices have been climbing slowly this week, with around $150 billion being added to total capitalization since Monday. This week’s batch of Bitcoin options contracts has a put/call ratio of 1, meaning that sellers of longs and shorts are evenly matched. Max pain is around $71,000, according to Coinglass, which is a little lower than current spot prices, so some could be out of

Source: https://cryptopotato.com/will-markets-break-resistance-when-2b-crypto-options-expire-today/

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