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Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally -Breaking

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BTCSince its Oct. 20 all-time record of $67,000, ) is trading in a down channel pattern. This was just one day before. ProShares’ Bitcoin Strategy ETF (BITO) debuted at NasdaqThe bulls, however, have sufficient incentives to place Bitcoin’s worth above $60,000 on October 29th when the $3.2 Billion monthly options expire.

Bitcoin prices in USD on Coinbase (NASDAQ) TradingView

Open interest in Bitcoin options for October 29th, aggregated Source: Bybt
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