#BTC #Option $BTC
Hey, guys,
today is the last working day of the month and the first quarter, so 15 billion bitcoin options will be burned today. The put/call ratio is currently at 0.85, which means more longs are selling than shorts. Spot markets are usually not affected by derivative expirations, but today's event is a big one, so there may be some additional volatility.
Stay tuned.