Bitcoin bears hold the upper hand in the upcoming Bitcoin options expiry, a potentially early warning that more BTC downside could unfold.
Technical Analysis
The upcoming $13 billion Bitcoin options expiry suggests a bearish outlook, indicating possible further price declines for BTC. As of now, Bitcoin bears hold the upper hand, potentially signaling more pain for bulls. This expiry will be a critical test for BTC's resilience, with implications for the broader crypto market. What will the bulls do next? Stay tuned.
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