#BTC Today's significant #Bitcoin options expiry event, wort | JayDayBuyCrypto on Binance Square

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#BTC Today's significant #Bitcoin options expiry event, worth nearly $1.3 billion, may influence weekend Bitcoin price movements.
Bitcoin #options open interest has surpassed that of #futures , indicating increasing market sophistication, according to Deribit. #ETH #crypto $BNB $ETH $RVN

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Besides the macro correction #BTC has going into the #Halving , there are other factors that may affect price action , such as a black swan event. #Bitcoin may correct along side of another narrative. More war , economic instabilities , declaration of recession, another pandemic 🤷‍♂️ who knows , but all of those narratives are currently elevated already so it wouldn't take much to make them worse. This may suppress price even further down , which I'm sure all the new ETFs would love to have and help to achieve that. 2024 is gonna be wild. #cryptocurrency #altcoins❗️ $ETH $GRT $RDNT

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#BTC unless something changes drastically, $49k may have been the top. This is important. Historically #Bitcoin will pullback going into the #BitcoinHalvingEvent 1st halving - 48% , 40% , 48% , and now the halving is a few months away. I'm going with $28.8k summer lows as my main target for some wick action , but 34k , 32k , 30k, this isn't for #Leverage so it makes little difference to me in the long run. Some time has passed since my last post , but nothing has changed. We are right on track. $BTC $RIF $RVN

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#BTC #BitcoinCycles #altcoins❗️ people will believe what they believe. Alot of #euphoria , #ETFBitcoin suspense , the cycle is broken ,,, 🤷‍♂️ maybe it goes higher or maybe this is the unexpected high before we retrace leading into the halving. I mean , we are very much in the cycle and it is very much intact , and that means downtrend going into the halving , maybe few months , maybe faster 🤷‍♂️ THEN ! slow grind up for a few months and then 🚀 or maybe faster. I don't know what some people are talking about. Silly talk. If isn't broke , don't try to fix it.✌️ $BTC $RIF $RVN

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#BTC #BTCHALVING #altcoins❗️ here's a chart to ponder. Have a great #weekend and #TradeSmart $RVN $RDNT $RIF

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#BTC #altcoins $50k #SantaClausHopes ? makes me think of this #Chart I mean it's close enough for me , but maybe alittle correction and a shot at $48 - 50k before the macro correction leading up to the #Halving2024 . A couple of my Alts are doing well. $RIF $RVN $GRT

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