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Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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