What's Hot

    Twitter Suspends Doge Tipping Tool

    03.02.2023

    Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit

    03.02.2023

    By the end of 2023, Ether may exceed $2,000

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»BTC options in the amount of $ 5.7 billion expire on December 31. High volatility awaits the market
    decdba168fd97d596658ddb03f80a4963f117fc9
    Bitcoin

    BTC options in the amount of $ 5.7 billion expire on December 31. High volatility awaits the market

    AdministratorBy Administrator27.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    bt-crow.com

    33 m

    Reading time: ~ 2 m


    In the last days of 2021, the BTC rate is about $ 50,000, but due to the expiration of options on the last day of this year, experts expect high volatility

    On Friday, December 31st, about $ 5.7 billion of BTC options contracts will expire on the Deribit derivatives exchange. The notional value of all contracts is approximately $ 10.7 billion, so this event can be called important. The maximum pain rate is $ 48,000. Call sellers on the $ 58,000 and $ 60,000 strike are clearly not optimistic about a possible rally for Santa Claus at the end of the year, so high volatility is expected in the market in the coming days.

    After the November drop from an all-time high, the BTC rate broke the 21-week moving average with a 14% daily candle. The momentum indicator is above the zero baseline, which could mean a gradual return of the bulls to the market.

    Following its recent daily uptrend, the BTC rate is now retesting the last short-term support levels on a lower timeframe. Any decline in the rate to the levels of $ 48,700 – $ 49,500 can be considered a healthy correction to get the necessary momentum before continuing the recovery.

    In addition, the BTC market rate has been below the NVT indicator for a long time, and this signal is considered an excellent chance to accumulate more assets.




    #BTC #options #amount #billion #expire #December #High #volatility #awaits #market

    amount awaits billion BTC December expire high Market Options Volatility
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    “Bitcoin is the only protection for money from inflation and currency devaluation”

    03.02.2023

    Sberbank to begin alpha testing of DeFi platform in March

    03.02.2023

    Bitcoin community considers 4 MB blocks to be stupid

    03.02.2023

    Why BTC has already gone into a bull market phase – on-chain

    03.02.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Twitter Suspends Doge Tipping Tool
    • Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit
    • By the end of 2023, Ether may exceed $2,000
    • “Bitcoin is the only protection for money from inflation and currency devaluation”
    • Sberbank to begin alpha testing of DeFi platform in March
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.