๐จ BITCOIN IS STUCKโฆ BUT A BIG MOVE IS COMING $NOM
If youโve noticed BTC hovering between $85k and $95k while other coins are moving up, thereโs a reason behind it. $ZKC
Right now, Bitcoin is trapped in a huge options setup. The biggest cluster of options is set to expire on January 30, and itโs almost twice as large as any other date. $AUCTION
Hereโs whatโs happening:
Market makers are in a long gamma range:
When BTC rises, they have to sell to stay hedged.
When BTC drops, they have to buy to stay hedged.
This is why every rally gets pushed down quickly and every drop gets bought up immediately. Itโs not weak buying or sellingโitโs forced activity from the dealers.
But this pressure wonโt last long. As we get closer to January 30, the โprice pinโ thatโs keeping BTC stuck starts to fade. Once the options expire, all the mechanical selling disappears, paving the way for a potential big breakout.



