Bears aim to pin Bitcoin price below $46K leading into Friday’s $3B BTC options expiry By Cointelegraph

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Bears aim to pin Bitcoin price below $46K leading into Friday’s $3B BTC options expiry This week's combination of bearish factors was enough to bring 's (BTC) price down to its lowest levels in 46 days, and this nearly obliterated 86% of the $2 billion September call (buy) options that expire on Sept. 24. There's still room for some surprises, especially considering the deadline is 8:00 UTC on Sept. 24. However, the incentives for the bears seem small because the sub-$40,000 test on Sept. 21 caused less than $250 million in futures contracts liquidations.Bitcoin price at Coinbase (NASDAQ:) in USD. Source: TradingViewBitcoin options aggregate open interest for Sept. 24. Source: Bybt.comBulls dominate BTC price but they are overconfidentIncentives are in place for bears to keep BTC below $46,000Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (s
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