What’s next for BTC?

This Friday, Bitcoin options worth almost $23.6 billion are expiring — the largest volume in BTC history. In moments like this, the market usually gets nervous and sharp, because big players are closing and adjusting their positions.

Most of the open positions are betting on a move up to the $100,000–120,000 zone. At the same time, there are also many bearish positions targeting a drop toward the $85,000 range.
The most “logical” level for the market right now is around $96,000 — that’s roughly the area where price may be pulled into before these contracts expire.

Until Friday, we can see sharp moves and fake impulses — the market may jerk in both directions.
But once these contracts expire, the pressure usually eases, and that’s often when a clearer and stronger trend move starts.