@basilcook
The $17B Bitcoin options expiring end-September, with $110k strike prices, create short-term price gravity. Traders adjust positions to avoid losses, pinning BTC near $110k. Volatility may shrink pre-expiry as market makers hedge. Post-expiry, if $110k holds, volatility could rise; a break may trigger 5-8% swings in either direction.
0 reply
0 recast
0 reaction