Bitcoin Stays Bearish as $1.47B Options Expiry Coincides With Trump's Iran Strike Threat
- —18,000 BTC options expired, equal to 4.5% of open positions, with $1.47 billion notional
- —Put-call ratio stood at 1, max pain at $83,000, gamma concentrating near $90,000
- —Implied volatility fell to a level where 35% acts as a floor, buyers stay cautious
- —CBS: Pentagon prepared a MOAB strike on an Iranian site if Trump gives the order
Why it matters: Low implied volatility and cautious option buyers cap BTC's rebound, while geopolitics and macro keep risk assets under pressure.
Source: CoinGape