đ Bitcoin Options Expiry Alert! đ
Hold onto your hats, BTC enthusiasts! This Friday, Sept. 13, a whopping 23,000 Bitcoin options contracts are set to expire, with a notional value of around $1.34 billion. That's double last week's expiry event, so we might see some interesting market moves!
đ The put/call ratio stands at 0.86, indicating a slight edge to the bulls. Open interest remains high at strike prices of $70K, $75K, $90K, and even $100K.
đ Despite the excitement, market volatility has been low, with the Fed's rate cut expectations converging. Stay tuned, Bitcoiners; the market theme for September is still unfolding! đ
