Bitcoin will experience the largest options expiration in history this Friday, which may drive Bitcoin prices higher.

On December 24th, this Friday, approximately $23.6 billion worth of Bitcoin options will expire, marking the largest options expiration in Bitcoin history. Analysis indicates that this expiration is extremely large in scale and generally bullish. The maximum pain point (the price level where option buyers lose the most and sellers profit the most) is $96,000, which will reinforce the upward price trend.

BTC-0.27%
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