Tag: Magnet

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There’s a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet

On Friday, bitcoin BTC$71,171.94 options or derivative contracts worth billions will expire on crypto exchange Deribit. Traders might want to note that the dynamics...

Bitcoin Bulls Target $93.5K As Short Positions Turn Into A Magnet

Bitcoin pulled back from its intraday highs after the US Federal Reserve declined to cut interest rates, but futures market data suggests traders may...