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via CryptoPotato · By CryptoPotato Editorial

How Will Crypto Markets Move After $16B in Bitcoin Options Expire Today?

BTC

BTC/USDT

$84,100.00

+0.05%

$84,100.00

+0.05%

(24s)

24h Volume

$15,368,923,557.95

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

CryptoPotato Editorial

(06:51 AM UTC)

1 min read

Updated byJames Mitchell

0 comments

Away from Friday's expiry, traders are building large butterfly structures betting on Bitcoin hitting $95,000 by the end of October.

Bitcoin options worth roughly $15.9 billion are set to expire on Deribit at 8:00 AM UTC today, covering about 184,000 BTC contracts.

The expiry comes with the OG crypto trading near $84,000 after…

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CryptoPotato Editorial · CryptoPotato

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