In brief: Approximately 62,000 BTC options expire this Friday, 28th August. The expiration of Bitcoin futures and options is known to have a significant impact on the price of BTC. A possible scenario is Bitcoin testing $11,200 or even $11,000 before or after Friday. The last week of every Bitcoin trading month is significant in the sense that it coincides with the expiration of BTC derivatives products such as futures and options. With respect to the former, there is a […]
