$BTC Brothers, take a look at this: $6.4 billion worth of BTC options contracts just expired. This move has been oscillating around the $80,000 mark. Hey—during the process of surging from $62,000 to $80,000, the options market really got shaken up. Now, fellow friends, you need to lay out positions again within the new price range. Honestly, isn’t this just the main players drawing you a big circle so you can find some fun in the volatility? Everyone has to reposition. The pullback has come through—if you want to test the waters in the short term, place a support order around 77K. Otherwise, just watch the sentiment for now; don’t rush to catch the falling bag. (Source: CoinDesk)
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