Bitcoin Bulls Eye $110K Before $20B Options Expiry

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Bitcoin bulls appear poised to win the upcoming $20 billion options expiry, raising the chances for a rally to $110,000.

Bitcoin bulls aim to secure the $105K support as $20B in monthly options expire on Friday.

Bitcoin traders are closely watching the $20 billion monthly options expiry set for Friday. Although Bitcoin is down 1.5% over the past 30 days, traders who used options to hedge against downside risk were already bracing for a steeper decline.

This recent price recovery may give bulls a key opportunity to solidify support at $105,000, a level that could prove decisive in the push toward a new all-time high in the coming weeks.


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