GM,
Tomorrow, $4.32B worth of $BTC options will expire, with max pain at $117K. Everyone’s watching if price drifts back toward that zone.
Personally, I don’t mind seeing BTC cool off a bit.
A small pullback or sideways move here would actually help, it’d drag BTC.D down, giving altcoins more room to breathe and rotate capital.
Still holding: $ETH $SOL $LTC and $SEI
Note: Cred's tweet below is just for fun, it might happen, but not anytime soon 🤣🤣
$BTC
Vicious swing failure at the highs.
Buyers were absorbed and trapped.
Logically, being completely reasonable, the first level of support is the middle of the range at $69,000.
But typically failure on one side signals a move to the opposite extremity.
That would be a sweep of the resting liquidity at $15,000. Lots of unfilled orders there.
A sweep and close above $15,000 would be an extremely bullish signal.
Waiting for the yearly close for confirmation.
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