BTC begins a day full of potential volatility catalysts with a giant options expiry.
BTC price performance improved into aevent, the second largest in Bitcoin’s history, with analysts keen to see its effect on markets.
“Will be interesting to see how much is rolled over to future expirations and whether that OI is call or put dominant --> as that will impact how dealers hedge ,” financial commentator TedtalksmacroJune 30 represented a key date for BTC traders all around, with the options expiry forming just one in a series of key events.from the United States in the form of Personal Consumption Expenditures print was due later, all leading up to the monthly and quarterly candle closes.
For popular trader and analyst Rekt Capital, a close above $29,255 would confirm a breakout on monthly timeframes. is positioning itself for a Monthly Close above a resistance that had rejected price for the past three months
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