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Bitcoin’s upcoming $10.5B options expiry may end bear market: Here’s how

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 116 Views

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.

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