Bitcoin Risks Crashing Below $50,000 As $3 Billion BTC Options Expire On Black Friday

作者:ZyCrypto - 2 年前 - 阅读时间:2 分钟

Bitcoin Risks Crashing Below $50,000 As $3 Billion BTC Options Expire On Black Friday

Bitcoin may be a hot topic for discussion on dinner tables today at Thanksgiving but not for the very best reasons – the crypto is down from a high of $59,258 to the current rate of $54,738. A total of $3.2 billion worth of Bitcoin options are set to expire today being Black Friday, and this has sparked an increased bearish momentum and volatility.

The volatility and the bearish trend were expected as the majority of the buys were put options. With a highly positive put-call skew, the trend was favoring a bearish trend before contract expiry. Those holding put options were expected to sell in order to get the profits from their options before the 73,702 contracts expired, which definitely puts more selling pressure on the Bitcoin 价格。 这 从历史上看,比特币期权的到期总是会带来波动.

这些每月期权中的大部分(总计 2.6 亿美元)在最大的衍生品市场 Deribit 进行结算。

看空者需要将这次抛售的价格降至 57,000 美元以下,否则他们将损失巨额资金,而他们确实这么做了。尽管多头在周四晚上将价格逼至有意义的 59,000 美元,以避免合约到期前的巨额损失,但到周五早上,价格已跌至 57,500 美元,并进一步下跌。

BTCUSD图表 通过TradingView

但是,预计会这样 Bitcoin price will resume recovery after today following the contract expiry. However, the psychological level to beat for the bulls remains $60,000.

此次暴跌也与 PlanB 的承认相吻合,PlanB 是 Stock-To-Flow BTC 价格模型的热门支持者,预测今年年底价格将达到 100,000 美元。他表示, BTC 价格可能不会像之前预测的那样在 98,000 月底达到 XNUMX 美元。不过,据他介绍,该型号仍未受到影响,到年底价格仍可能达到 100,000 万美元大关。

It also comes in the wake of tapering volumes. In fact, retail interest for Bitcoin as witnessed in the Google searches, for instance, has fallen to levels they were back in 2017.

原始来源: ZyCrypto