Bitcoin (BTC) investors are preparing for the record-breaking $16. 5 billion monthly options expiry on March 28. However, the actual market impact is expected to be more limited, as BTC's drop below $90,000 caught investors off guard and invalidated many bullish positions. This shift gives Bitcoin bears a crucial opportunity to escape a potential $3 billion loss, a factor that could significantly influence market dynamics in the coming weeks
source: https://cointelegraph.com/news/16-5-b-in-bitcoin-options-expire-on-friday-will-btc-price-soar-above-90-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound