Anticipating Upside Volatility for Bitcoin and Ether as Options Expiry Approaches
Thursday, 28 March 2024, 06:38
Bitcoin and Ether Options Expiry Analysis
As the $15B options expiry date approaches, dealers are preparing to hedge their positions, potentially causing increased volatility.
Market Volatility Predictions
- Key Insight: Dealer hedging could breed significant volatility, pushing Bitcoin and Ether prices towards $70,000.
Investor Strategy
- Recommendation: Stay vigilant and monitor the options market closely for potential profit opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.