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Bitcoin Price Stalls Below $83K as $14B Options Expiry Nears

News.Bitcoin.com
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Bitcoin Price Stalls Below $83K as $14B Options Expiry Nears

Bitcoin’s August short squeeze pushed the price above $80,000, but the rally quickly lost momentum beneath a heavy resistance zone. With Treasury yields climbing and a major options expiry approaching, bitcoin is back inside a clearly defined range. Bitcoin Tests Heavy Supply Zone After Brief Move Above $80K Bitcoin’s late-August rebound has run into a […]

Key Takeaways

  1. Bitcoin’s August short squeeze pushed the price above $80,000, but the rally quickly lost momentum beneath a heavy resistance zone.
  2. With Treasury yields climbing and a major options expiry approaching, bitcoin is back inside a clearly defined range.
  3. Bitcoin Tests Heavy Supply Zone After Brief Move Above $80K Bitcoin’s late-August rebound has run into a […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.