Bitcoin made a remarkable leap, surging past the $100,000 mark. This price movement coincides with the expiration of 22,000 BTC options, a notable event covered by COINOTAG News on January 17th. The Put Call Ratio was recorded at 0.95, highlighting significant trading dynamics.
The options' expiration marked a crucial point in the market, triggering shifts in value. The max pain point, a critical parameter in options trading, was observed, indicating areas of potential market resistance.
