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Bitcoin faces its largest-ever options expiration this Friday, potentially driving a price increase

ChainCatcher reports that this Friday will see approximately $236 billion worth of Bitcoin options expiring, marking the largest options expiration date in Bitcoin’s history. Analysis indicates that this expiration is exceptionally large and overall bullish. The max pain point (the price level at which option buyers incur the greatest losses and sellers gain the most at expiration) is $96,000, which is expected to reinforce the upward price trend.