#Bitcoin Stabilizes Around $84,000
With the bond market selloff paused, Bitcoin has stabilized around the $84,000 area.
What to watch more is Friday: around $14 billion in Bitcoin options are scheduled to expire on Deribit. As market makers rebalance, their actions may be somewhat passive, so the battle around 84,000 may be stickier than usual. The Fear & Greed Index is 71, unchanged from yesterday, meaning sentiment hasn’t cooled along with the price recovery.
If it remains above $84,000 before and around expiry, it suggests the hedging inflows can hold up; if it falls back toward the lower end of the range, positions will loosen first.
$BTC $ETH $BNB
With the bond market selloff paused, Bitcoin has stabilized around the $84,000 area.
What to watch more is Friday: around $14 billion in Bitcoin options are scheduled to expire on Deribit. As market makers rebalance, their actions may be somewhat passive, so the battle around 84,000 may be stickier than usual. The Fear & Greed Index is 71, unchanged from yesterday, meaning sentiment hasn’t cooled along with the price recovery.
If it remains above $84,000 before and around expiry, it suggests the hedging inflows can hold up; if it falls back toward the lower end of the range, positions will loosen first.
$BTC $ETH $BNB
