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Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry -Breaking

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Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry

In the last three months, “s” (BTCThe daily closing price varied between $35,050 to $47,550. This is an average of 35.7%. Although it might seem excessive, this is not unusual, especially considering BTC’s 68% historical annualized volatility.

Bitcoin/USD 1-day chart at Coinbase (NASDAQ:). TradingView

Following the U.S. Consumer Price Index, relief came following the dip below $40,000 of April 11. Report by the CPI – March 8, 2015, 8.5%This is the highest level since 1981. The CPI in Britain climbed to 7.7%. It was a 30 year high.

Bitcoin options open interest aggregated for April 15. Source: CoinGlass

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