Massive $18.6B BTC Options Expiry: $75K in Play?

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Bitcoin bulls face an uphill battle to turn the March options expiry in their favor, requiring a 6% price rally to $75,000 before Friday.

Over 90% of Bitcoin call options may expire worthless if the price fails to break above $71,000 by Friday.

Traders fear rising inflation and worsening credit conditions as the US and Israel-Iran war continues.

Bitcoin has been stuck in a narrow range between $67,700 and $71,600 over the past week, closely following how the US stock markets reacted to the US and Israel-Iran war. Traders have high hopes that the upcoming $18.6 billion Bitcoin monthly options expiry on Friday could provide the bullish momentum needed to break above the $75,000 level.


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