A whopping $9.25 billion in Bitcoin options is set to expire on June 28, marking the end of H1 2024 and the second largest expiry in market history. This comes after NVidia, a $3 trillion tech giant, traded down 12% since its all-time high on June 20. Bitcoin bulls are hoping for a more aggressive rate cut and monetary stimulus campaigns from the US Federal Reserve and Department of Treasury. However, a Charles Schwab report suggests that the current market dynamics mirror 2021, potentially signaling a bear market on the horizon. Bitcoin bulls need to sustain the $60,000 support ahead of the June 28 expiry to avoid a potential $820 million favoring put options.