Bitcoin's options market is gearing up for a year-end showdown with a whopping $11.8 billion set to expire on Dec. 27. Bulls are flexing their muscles, with call options leading the charge at $7.9 billion, while bears lag behind with $3.92 billion in puts.
As BTC's price dances above $80,000, bearish investors are sweating to keep it below $75,000. If the price stays near $88,000, only $96 million in puts will matter.
With bulls eyeing $90,500, it's a thrilling ride to the finish line. Will bears manage a last-minute tackle, or will bulls score a victory? Stay tuned! 🚀