$95K is the $BTC level everyone should watch for October 👀
BTC options positioning is showing a major concentration around $95,000 for the October 30 expiry
The chart shows nearly 23K BTC of call open interest around the $95K strike
And look at the bigger picture
$90K and $100K are also showing heavy call positioning
The October expiry currently has a $74K max pain price
But don’t take this as “BTC will definitely hit $95K”
Options can be used for different strategies including hedging
Still, $95K stands out as an important level to watch as we move toward the October expiry
If BTC starts pushing through $90K and holds above it, the $95K area becomes even more interesting
BTC $95K before October expiry?
Yes or no 👇
BTC options positioning is showing a major concentration around $95,000 for the October 30 expiry
The chart shows nearly 23K BTC of call open interest around the $95K strike
And look at the bigger picture
$90K and $100K are also showing heavy call positioning
The October expiry currently has a $74K max pain price
But don’t take this as “BTC will definitely hit $95K”
Options can be used for different strategies including hedging
Still, $95K stands out as an important level to watch as we move toward the October expiry
If BTC starts pushing through $90K and holds above it, the $95K area becomes even more interesting
BTC $95K before October expiry?
Yes or no 👇
