BEARS HAVE A $100M REASON TO KEEP BITCOIN PRICE UNDER $45K UNTIL FRIDAYS OPTIONS EXPIRY

Last updated: June 19, 2025, 20:55 | Written by: Vitalik Buterin

Bears Have A $100M Reason To Keep Bitcoin Price Under $45K Until Fridays Options Expiry
Bears Have A $100M Reason To Keep Bitcoin Price Under $45K Until Fridays Options Expiry

The cryptocurrency market, known for its volatility, has been experiencing a notable downturn recently, and Bitcoin (BTC) is no exception.Currently, the price of Bitcoin is in a freefall, and a convergence of factors suggests that bearish forces are actively working to keep the price suppressed, at least until the options expiry on Friday, April 8th.Data indicates that bears have a significant financial incentive – a staggering $100 million – to ensure that Bitcoin's price remains below the $45,000 mark. Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiry Ap BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8 s options expiry.This intricate situation, rooted in the dynamics of Bitcoin options trading, has created a high-stakes game where fortunes hang in the balance.This article will delve into the reasons behind this bearish pressure, exploring the mechanics of Bitcoin options, the potential profits for bears, and the broader implications for the cryptocurrency market. Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiry Marcel Pechman 20 摘要: BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday s options expiry.Understanding these dynamics is crucial for investors and enthusiasts alike to navigate the complexities of the crypto landscape and make informed decisions. New story: Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiryWe'll also examine alternative perspectives and potential counter-movements that could shift the balance of power.

Understanding Bitcoin Options and Their Influence on Price

Bitcoin options are derivative contracts that give the buyer the right, but not the obligation, to buy (call option) or sell (put option) Bitcoin at a specific price (the strike price) on or before a specific date (the expiration date).These contracts are used by traders for various purposes, including speculation, hedging, and arbitrage.The expiration date is the last day the option can be exercised.

The upcoming options expiry can significantly influence the spot price of Bitcoin. BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8 s options expiry. Continue readingWhen a large number of options contracts are set to expire, market participants often take actions to manipulate the price in their favor. Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expirySource: CointelegraphPublished on Bears have a $100M reasonThis is where the concept of ""max pain"" comes into play. For example, if Bitcoin's price remains below $45,000 at 8:00 am UTC on April 8, only $24 million worth of these call (buy) options will be available. This difference happens because there is no use in the right to buy Bitcoin at $50,000 if it trades below this level at expiry.Max pain is the strike price at which the greatest number of options contracts expire worthless, maximizing the losses for option buyers and the profits for option sellers.

  • Call Options: Give the buyer the right to buy Bitcoin at the strike price.Profitable if Bitcoin's price is above the strike price at expiry.
  • Put Options: Give the buyer the right to sell Bitcoin at the strike price.Profitable if Bitcoin's price is below the strike price at expiry.

How Options Expiry Works

On the expiry date, options contracts are ""settled,"" meaning the holders of in-the-money options (profitable options) can exercise their right to buy or sell Bitcoin at the strike price.However, most options are not physically settled; instead, the profit or loss is paid in cash. This week s $8.1 billion Bitcoin options expiry is expected to produce fireworks. Cointelegraph explains why. Bitcoin bulls have reason to believe the $63,000 level will hold until the SeptThis settlement process can create significant buying or selling pressure in the market, potentially driving the price towards the ""max pain"" point.

The $100 Million Incentive: Why Bears Want Bitcoin Under $45K

In this particular scenario, bears have a substantial financial incentive to keep Bitcoin's price below $45,000 until Friday's options expiry. BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8 s options expiry.According to Cointelegraph and other sources, bears stand to gain approximately $100 million if they succeed in pushing the price below this level. For example, if Bitcoin s price remains below $45,000 at 8:00 am UTC on April 8, only $24 million worth of these call options will be available. Listed below are the four most likely scenarios based on the current price action. Bitcoin bears need to push the price below $44,000 on April 8 to secure a $145 million profit.This profit stems from the fact that a large number of call options are concentrated around the $45,000 strike price. Skip to main content Bitcoin Insider. MenuIf Bitcoin's price remains below this level at expiry, these call options will expire worthless, resulting in significant losses for the buyers of those options and corresponding profits for the sellers (primarily the bears). Bitcoin's drop below $45,000 on April 6 took bulls by surprise because only 8% of the call (buy) option bets for April 8 have been placed below this price level. Bulls might have been fooled by the recent attempt to overtake $48,000 on March 29 and this is shown in their bets for Friday's $610 million options expiry that go all the way to $65,000.Essentially, bears have placed significant bets that Bitcoin will trade below $45,000.

The reason this is possible is due to the significant volume of call options positioned around the $45,000 mark. 2.8K subscribers in the cryptopricesalerts community. Our trackers will post any relevant info about cryptos. Wanna see more? See you onBullish traders, anticipating further price increases, purchased these calls, giving bears the opportunity to profit by betting against them. ️ ️ Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiry ️ ️ More on:The closer the expiry date gets, the more pressure there is on the price as bears attempt to realize their gains.

Analyzing the Potential Scenarios and Price Movements

To understand the potential impact, let's consider a few possible scenarios based on Bitcoin's price action leading up to the options expiry:

  1. Bitcoin Remains Below $45,000: As discussed, this is the optimal scenario for bears. 1.4K subscribers in the CRYPTOComrade community. 🎙EVERYTHING CRYPTO RELATED News, updates, charts, NFTS, and discussionsThe majority of call options expire worthless, resulting in a substantial profit for them, potentially reaching the $100 million mark.
  2. Bitcoin Rallies Above $45,000: This would be a victory for the bulls.Bears would incur losses as call options at lower strike prices become profitable for their holders. BTC price is in a freefall and data suggests bears will keep the pressure on until Friday s options expiry Some analysts argue that Bitcoin BTC rallied too fast and too soon and the weakness that we see today is a result of thatThe higher the price rises above $45,000, the greater the losses for the bears.
  3. Bitcoin Trades Sideways Around $45,000: This would result in a mixed outcome.Some call options would be profitable, while others would expire worthless.The overall impact would depend on the specific distribution of options contracts at different strike prices.

The Importance of the $44,000 Level

Some reports suggest that bears need to push the price even lower, below $44,000, to maximize their profits, potentially securing around $145 million. BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8 s options expiry. Some analysts argue that Bitcoin (BTC)This indicates that a significant number of put options might be positioned around this strike price, further incentivizing bearish pressure. BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday s options expiry.Therefore, traders should closely monitor the $44,000 level as a critical support zone. BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8 s options expiry. Some analysts argue that Bitcoin (BTC) rallied too fast and too soon and the weakness that we see on April 7 is a result of that. Currently, a new COVID-19 variant has caused the ChineseA break below this level could signal increased bearish momentum.

Why Did Bitcoin's Price Fall? BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8 s options expiry. Get best and latest bitcoin news today with coinsurges.Explanations from Analysts

The current freefall in Bitcoin's price raises the question: why is this happening? Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiry Ap XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run The Crypto BasicSeveral analysts have offered explanations, including:

  • Overextended Rally: Some argue that Bitcoin's recent rally was too fast and too soon, leading to a correction.The rapid price increase in the weeks leading up to April may have been unsustainable, creating an opportunity for a pullback.
  • Profit-Taking: After a period of gains, some investors may be taking profits, contributing to downward pressure. cointelegraph.com: BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday s options expiry.This is a common phenomenon in any market, including cryptocurrencies.
  • External Factors: Global economic uncertainties, such as rising inflation and geopolitical tensions, can also weigh on investor sentiment and impact the price of Bitcoin. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy Safety How YouTube works Press Copyright Contact us Creators AdvertiseRecently, a new COVID-19 variant has caused concerns, potentially impacting market sentiment.

It's important to note that these factors are not mutually exclusive and can all contribute to the price decline.The interplay of these forces creates a complex and dynamic market environment.

Bitcoin's Drop Below $45,000: A Surprise for the Bulls?

The recent drop below $45,000 took many bulls by surprise. Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiry 100M 45K bears Bitcoin expiry Fridays Options price reason CryptonewsAccording to data, only a small percentage (around 8%) of call options for the April 8th expiry were placed below this price level. Bears have a $100M reason to keep Bitcoin price under $45K until Friday s options expiryThis suggests that bulls were overly optimistic and underestimated the potential for a bearish reversal.They might have been overly confident after the recent attempt to surpass $48,000 in late March.

The bulls' optimistic bets, with call options extending as high as $65,000, highlight the level of bullish sentiment that prevailed prior to the recent downturn. Bears have incentives to suppress Bitcoin price. Bitcoin bears need to push the price below $44,000 on April 8 to secure a $145 million profit.However, this optimism has now turned into potential losses, emphasizing the risks associated with excessive leverage and speculative trading.

Navigating the Volatility: Strategies for Traders

Given the current market conditions and the impending options expiry, traders should exercise caution and adopt appropriate risk management strategies.Here are a few tips:

  • Manage Risk: Use stop-loss orders to limit potential losses and avoid over-leveraging positions.The cryptocurrency market is highly volatile, and unexpected price swings can occur.
  • Stay Informed: Monitor market news and data closely to stay abreast of the latest developments.Pay attention to on-chain analytics, order book data, and news related to regulatory developments.
  • Consider Hedging: If you hold Bitcoin, consider using put options to hedge against potential price declines.This can help protect your portfolio from losses during periods of bearish pressure.
  • Avoid FOMO: Resist the urge to chase rallies or panic sell during downturns.Make informed decisions based on your own research and risk tolerance.

Beyond Bitcoin: Altcoins to Watch

While Bitcoin's price action is currently dominating headlines, it's worth noting that the broader cryptocurrency market offers diverse opportunities.Some analysts suggest keeping an eye on certain altcoins priced below $1, such as XRP and Shiba Inu, as potential contenders for the next bull run.However, remember that altcoins are generally more volatile than Bitcoin and carry higher risks.Thorough research is crucial before investing in any altcoin.

The Impact of the $8.1 Billion Bitcoin Options Expiry

This week's $8.1 billion Bitcoin options expiry is expected to be a significant event, potentially triggering considerable price volatility.The sheer size of the expiry suggests that large market participants have substantial positions at stake, leading to increased maneuvering and manipulation.Traders should be prepared for potential whipsaws and sharp price swings.

What to Expect After the Expiry?

The direction of Bitcoin's price after the options expiry is uncertain.Once the expiry is over, the bearish pressure associated with it will subside, potentially allowing for a relief rally.However, the underlying market sentiment and other factors, such as economic conditions and regulatory developments, will ultimately determine the long-term trend.It is possible the over all macro economic factors may send bitcoin down further.

Counter Arguments: Can Bulls Regain Control?

While the current outlook favors the bears, it's important to acknowledge that the market is dynamic and unpredictable.Bulls could potentially regain control by engineering a short squeeze, forcing bears to cover their positions and driving the price higher.However, this would require significant buying pressure and a shift in market sentiment.Furthermore, a positive fundamental catalyst, such as a major institutional adoption announcement, could also trigger a bullish reversal.

Conclusion: Key Takeaways and the Road Ahead

The upcoming Bitcoin options expiry on Friday, April 8th, presents a significant challenge for bulls, with bears having a $100 million reason to keep the price below $45,000.The current price freefall, coupled with bearish sentiment, suggests that the bears are likely to maintain their pressure in the short term.While potential for a bullish reversal exists, traders should remain cautious and manage their risk effectively.By understanding the dynamics of Bitcoin options and monitoring market news closely, investors can navigate the volatility and make informed decisions.Always remember that the cryptocurrency market is inherently risky, and thorough research is essential before investing.It's recommended to consult with a financial advisor before making any investment decisions.

Vitalik Buterin can be reached at [email protected].

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