đš BITCOIN IS BEING HELD IN PLACE, BUT ITâS ABOUT TO BREAK
If youâre wondering why BTC feels stuck between $85k & $95k while everything else is going upâŠ
I have the data right here.
And the magnetic pull holding us back expires in only 4 days.
Hereâs whatâs about to happen:
Bitcoin is currently caught in a massive options web.
Look at the chart below, the concentration for JANUARY 30 is nearly double anything elseâŠ
Market makers are currently in a "Long Gamma" position in this range.
â As price rips: Theyâre forced to sell to stay hedged.
â As price dips: Theyâre forced to buy to stay hedged.
Itâs the reason why every pump gets immediately rejected and every dump gets bought up instantly.
Itâs not weak buyers, itâs forced dealer activity.
The chart shows a massive MAJOR UNWIND on January 30.
As we approach this date, the "Price Pin" starts to vanish.
Once these options expire, the hedges are gone, and the mechanical selling thatâs been suppressing our rallies DISAPPEARS.
We go from a pinned market to a released market.
When that much gamma leaves the system at once, the move is usually fast and violentâŠ
