Bitcoin prices were traded at $98,759 yesterday morning, tested above $100,000 during the day and reached 102,936 at night. The expiration of 26,000 option contracts and the nominal representation of these contracts being $2.57 billion increased the volatility in the Bitcoin price. The possibility of a pullback at the equilibrium point of 93,000 points where options are concentrated may be on the agenda, but the current momentum is $100,000. Based on technical analysis, it is defined as a "magnetic zone" with a range of 100,000-107,000 and has the capacity to pull the price up. However, Jason Pizzino points to expansion, ignoring this possibility of the future. Follow the market closely as always during variable movements. The continuation of future processes and macroeconomic changes may affect the price.
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Bitcoin prices were traded at $98,759 yesterday morning, tested above $100,000 during the day and reached 102,936 at night. The expiration of 26,000 option contracts and the nominal representation of these contracts being $2.57 billion increased the volatility in the Bitcoin price. The possibility of a pullback at the equilibrium point of 93,000 points where options are concentrated may be on the agenda, but the current momentum is $100,000. Based on technical analysis, it is defined as a "magnetic zone" with a range of 100,000-107,000 and has the capacity to pull the price up. However, Jason Pizzino points to expansion, ignoring this possibility of the future. Follow the market closely as always during variable movements. The continuation of future processes and macroeconomic changes may affect the price.
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