“Deribit’s bitcoin options: Distribution of open interest across expiries. (Deribit)”, — write: www.coindesk.com
- A notable amount of bitcoin and ether open interest is set to expire “in-the-money” on Friday, setting stage for price swings, Deribit’s Luuk Strijers said.
- Options beyond the Friday expiry exhibit a bullish bias for bitcoin and ether.
- BTC’s max pain level of $59,000 may weigh over prices, analyst at Presto Research said.
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