Bitcoin options are expiring! 🎉

- This Friday, 20,000 Bitcoin options contracts are expiring. Total value is around $1.26 billion!

- Last week’s expiration didn’t really affect the spot markets. This week could be similar.

- However, next week is a bombshell! $5.3 billion worth of Bitcoin contracts are expiring with the end-of-month and end-of-quarter event.

📊 Interesting Facts:

- The Put/Call ratio is 0.85, meaning long (call) contracts are slightly larger than short (put).

- There is still a lot of open interest at the $70,000 and $75,000 price levels.

Share your thoughts in the comments! 💬👇