16.5 billion dollars in Bitcoin options expire on Friday – that the BTC price ops above $ 90K?

Bitcoin (Btc) Investors are prepared for a 16.5 billion dollar freunch, however, it is expected that real impact on the market is limited, because the BTC drop below $ 90,000 has caught investors from guards and invalid many positions.

This shift gives bitcoin bearing a crucial opportunity to avoid a potential loss of three billion dollars, a factor that could significantly affect market dynamics in the coming weeks.

Currently, the overall open interest in calls (purchase) options is $ 10.5 billion, while set (sales) options lagged at $ 6 billion. However, 7.6 billion dollars of these calls is set to $ 92,000 or more, which means that Bitcoin should be a 6,4% wincoin needed from its current price to sustain them to eligible by 28. Marta. As a result, the advantage of Bullish bets weakened significantly.

Bitcoin Bulls begging for “Separation” if it restarts

Some analysts attribute weak performance bitcoin in the current global war of tariffs and us Government spending fundswhich increase the risk of economic recession. Traders take care of slower growth, especially in the artificial intelligence sector, which brought S & P 500 in a record max. 1. February before 7% fall.

Meanwhile, Bikoin bulls remain hoping separation from the stock exchange, despite 40-day correlation that remain above 70% of the beginning of March. Their optimism arises from the expansion of the monetary base by central banks and Increased adoption Bitcoin by companies such as Gamestop (GME), Rumble (Rum), MetaPlanet (Tio: 3350) and Semler Scientific (SmLR).

As expiration date, bulls and bears, each have a strong incentive to influence spot bitcoin. However, while Bullish investors aim above 92,000 dollars, only optimism is not enough to ensure that BTC exceeds this label. Deribit leads a market option with 74% stake, and then at the Mercantile Chicago exchange (CME) to 8.5% and binances at 8%.

Given the current market dynamics, Bilk’s bils hold a strategic advantage in duration of any monthly options. For example, if Bitcoin remains at 86,500 USD to 8:00 AM UTC, 28. Marta, in the game it will be worth $ 2 billion in the game. This situation has bear incentives to drive bitcoin under 84,000 dollars, which would increase the value of active opportunities to $ 2.6 billion.

Related: Would Gamestop buy it Bitcoin help BTC price hit 200K dollars?

Bitcoin Bulls will have an edge if the BTC price passes $ 90,000

Below are five probable scenarios based on current price trends. These results estimate theoretical profits based on open interest imbalance, but exclude complex strategies, such as selling placed options to obtain pricing exposure.

• Between $ 81,000 and $ 85,000: $ 2.7 billion in calls (Buy) and $ 2.6 billion in putting (sales). The net result causes the instrument of calls for $ 100 million.

• Between 85,000 and $ 88,000: $ 3.3 billion call versus $ 2 billion, favoring calls for $ 1.3 billion.

• Between 88,000 and $ 90,000: $ 3.4 billion calls versus $ 1.8 billion. Suitable call for $ 1.6 billion.

• Between 90,000 and $ 92,000: $ 4.4 billion calls versus $ 1.4 billion setting, favoring calls for $ 3 billion.

In order to reduce losses, bears must push Bitcoin under $ 84,000, 3% drop before the expiry of 28. Marta. This move would increase the value of the option (sales) options, strengthening their position.

In contrast, the bulls can maximize their winnings by driving BTC above $ 90,000, which could create enough momentum to establish a bakery for April, especially if the inflow in sex in spot in spot bitcoin Commercial funds (ETFS) Continue on a powerful pace.

This article is for general information on the need and should not be taken as legal or investment advice. The views, thoughts and opinions are presented here, the author itself is not necessarily reflected or represent the views and opinions of the cointelegraph.