🎉 Bitcoin's options expiry on Dec. 27 is the talk of the crypto town! With $19.8 billion on the line, bulls and bears are gearing up for a showdown. The recent rally past $100,000 has left bearish investors scrambling, while bullish traders are eyeing a new all-time high.
- Call options: $12 billion
- Put options: $7.8 billion
Deribit leads the pack with a 72% market share. As the clock ticks, bulls are better positioned, especially with institutional demand soaring and potential US Bitcoin reserves on the horizon.
Will Bitcoin break $110,000, or will bears pull it below $95,000? Share your thoughts in the comments! 🚀