$BTC 18B in $BTC options expiring while max
pain sits $10K below the current price...
yeah, expect some chaos.
That doesn't mean Bitcoin has to dump
straight to max pain. We've seen BTC
completely ignore it before.
What matters is how price reacts if they try
to push it lower. If sellers hit hard and
Bitcoin keeps holding support, that tells me
buyers are still in control.
Expect volatility, fakeouts and probably a
lot of overleveraged traders getting wiped
on both sides.
Expiry can create short-term noise, but I'm
not changing my bigger view because of
one options event.
Sometimes the market shakes everyone
out first... then makes the real move.
#AIStocksWhatNext #BCHJumps28%OnCMEFuturesListing #WallStreetEarningsRevisionsTurnBearish #DollarIndexReclaims101 #21SharesLaunchesEuropesFirstZcashETP
pain sits $10K below the current price...
yeah, expect some chaos.
That doesn't mean Bitcoin has to dump
straight to max pain. We've seen BTC
completely ignore it before.
What matters is how price reacts if they try
to push it lower. If sellers hit hard and
Bitcoin keeps holding support, that tells me
buyers are still in control.
Expect volatility, fakeouts and probably a
lot of overleveraged traders getting wiped
on both sides.
Expiry can create short-term noise, but I'm
not changing my bigger view because of
one options event.
Sometimes the market shakes everyone
out first... then makes the real move.
#AIStocksWhatNext #BCHJumps28%OnCMEFuturesListing #WallStreetEarningsRevisionsTurnBearish #DollarIndexReclaims101 #21SharesLaunchesEuropesFirstZcashETP
