
September 25 Is the Key Day for Bitcoin as $85K and $90K Options Expire
- —$85,000 holds the most options money: every 1% drop toward it triggers about $142 million (~1,650 BTC) in buying
- —If price falls below $85,000, $58 million flips the other way and accelerates the downside
- —Resistance: $103 million in seller positioning at $88,000 and $123 million at $90,000, with no major sellers until $95,000
- —Support thins fast: $57 million at $84,000, $37 million at $83,000 and a gap below $80,000
Why it matters: After the September 25 expiry, Bitcoin could break out of its range: clearing $88,000 opens the path to $95,000, while a drop below $85,000 risks a slide under $80,000.
Source: Cryptonews.net