Today, **Bitcoin options worth $6.4 billion expire**, one of the largest expiries of the year. Historically, these events generate volatility because major players adjust hedges and positions in the hours leading up to and after the expiration.
Bitcoin hit **$81,282** and was rejected around the **50-week moving average**, falling 3.13% to 77,875. The structure shows that price swept liquidity at prior highs (PDH at 80,845 and PWH at 79,555) before reversing. This is typical of a market that seeks liquidity before defining direction.
**Open interest** had already dropped to two-month lows, suggesting that some speculative leverage was cleared before the expiry. That lowers the risk of cascades, but it also means the market may move with less resistance.
Key supports are at **76,962** and **75,930**; resistances at **78,446** and **81,374**. The daily and weekly bias remains bullish, but the 1-hour framework has flipped bearish: a classic divergence of indecision.
How do you see the rejection at 81K? Healthy pause or the start of a correction? Leave your take in the comments.
#$6.4BBitcoinOptionsExpire
Bitcoin hit **$81,282** and was rejected around the **50-week moving average**, falling 3.13% to 77,875. The structure shows that price swept liquidity at prior highs (PDH at 80,845 and PWH at 79,555) before reversing. This is typical of a market that seeks liquidity before defining direction.
**Open interest** had already dropped to two-month lows, suggesting that some speculative leverage was cleared before the expiry. That lowers the risk of cascades, but it also means the market may move with less resistance.
Key supports are at **76,962** and **75,930**; resistances at **78,446** and **81,374**. The daily and weekly bias remains bullish, but the 1-hour framework has flipped bearish: a classic divergence of indecision.
How do you see the rejection at 81K? Healthy pause or the start of a correction? Leave your take in the comments.
#$6.4BBitcoinOptionsExpire