Tomorrow, everything changes……Because a massive chunk of BTC options expires…..$23.8 billion US dollars.
That’s over 1% of Bitcoin’s total market cap expiring in a single day. That’s Bitcoin’s biggest options expiry ever. When that happens, the dealer hedging that’s been pinning price between $85K–$90K disappears. The artificial buying and selling behavior stops completely.
That’s when you find out whether this range was accumulation… or distribution.