$BTC

A pivotal moment is approaching for Bitcoin as BTC options worth $13.6 billion are set to expire on November 29, creating significant market volatility. Bulls aim to push Bitcoin’s price above the iconic $100,000 mark, leveraging their dominance over call options.

Currently, call options (buy) outweigh put options (sell) with an open interest of $7.4 billion versus $6.2 billion, presenting an opportunity for optimistic investors. Potential outcomes based on the closing price include:

• $86,000-$90,000: $1.65 billion gain for call options.

• $90,000-$94,000: $2.6 billion advantage for buyers.

• $94,000-$98,000: $3.55 billion gain.

• $98,000-$102,000: Bulls could secure $4.58 billion.