Postaus

Everyone is closely watching the clarity on the bill and interest rate hikes every day, but the price has basically already reflected these factors in the coin price. So the most dangerous event for $BTC this week is actually the $5 billion IBIT options expiration on Friday. For the IBIT options expiring this Friday, calls are at 3.13 billion vs puts at 2.02 billion, with calls clearly dominant; but the max pain converted to Bitcoin price is about 71,000, which is 10% lower