Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K
BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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