$BTC C $8.5B Bitcoin Options Expiry — One Key Level Could Decide the Market
Bitcoin is approaching its biggest options expiry of 2026. This Friday at 8:00 AM UTC, more than $8.53 billion in BTC options will expire — the largest expiry of the year so far. Market positioning is extreme.
Call options are heavily concentrated at $100K, reflecting bets on a breakout that could trigger a strong short squeeze. Conversely, put options cluster around $85K, indicating fear of a sharp drop. The max pain level sits at $90K, the price where most contracts would expire worthless.
This creates a high-stakes scenario: the market could swing aggressively in either direction, quickly rewarding winners and punishing losers. With volatility already low, the reaction after expiry could be rapid and intense.
Who will break first, bulls or bears — and how violent will the move be?
#Crypto #Bitcoin #options