Markets· ★★★· bearish·

Deribit Bitcoin Max Pain Sits at $76,000, $8,000 Below Spot

  • —Max pain for BTC contracts expiring October 30 is near $76,000
  • —Bitcoin spot price stood at $84,144 at the time of publication
  • —The gap between max pain and spot is roughly $8,000
Why it matters: The max pain level can pull BTC toward it into the October 30 expiry, shaping short-term price action.
Source: Coinotag