#Write2Earn: Bitcoin
#BTC $41,773
price gained 3.2% on Jan. 26 after three days of struggling to break above the $40,000 resistance. The unexpected rally occurred a couple of hours after the $4.5 billion monthly BTC options expiry, where the put (sell) instruments were poised to profit if the price at expiry remained below $40,000. Thus, one reason behind the recovery is the balanced outcome between Bitcoin call (buy) and put options in the Jan. 26 expiry#up #Bulish
