Dealer Hedging Puts Bitcoin $80,000 Zone in Focus
Bitcoin merchants face a $6.44 billion choices expiry on Deribit at 08:00 UTC this Friday, masking 81,700 BTC contracts as spot hovers close to $79,000 after a speedy climb from $62,000. The dimension and positioning of that expiry, concentrated on the $75,000 and $80,000 strikes, places seller hedging flows squarely in management of short-term worth…
