Why This Friday Could Be Very Big For The Bitcoin Price

The Bitcoin price could experience major swings this Friday as billions of dollars in options are set to expire. A crypto market expert has warned that the scale of this event could trigger “something big,” potentially affecting both volatility and the actions of retail and institutional investors.  Bitcoin Price Braces For Major Moves This Friday On Monday, crypto analyst NoLimit signaled that this upcoming Friday could be a historic moment for Bitcoin. According to the expert, over $23.6 billion worth of Bitcoin options are scheduled to expire on December 26, marking the largest options expiry the market has ever seen. The analyst has stated that anyone with crypto holdings should pay close attention.  Related Reading: The Bitcoin Bull And Bear Cases That Crypto Traders Should Know About NoLimit explained that an options expiry involves leveraged bets on Bitcoin’s price. He stated that calls are wagers that the price will rise, while puts predict it will fall. The analyst also emphas