Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry - Cointelegraph

5/19/2022 12:00:00 AM2 years 11 months ago
by Marcel Pechman
by Marcel Pechman
Bitcoin is holding the $30,000 level, but the $640 million in BTC options that expire on May 20 could result in the price visiting recent lows.
Over the past nine days, Bitcoin's (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by… [+3543 chars]
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