TechFlow, Dec 24 — Cryptocurrency analyst Michaël van de Poppe said on X that Bitcoin has been hovering between $85,000 and $90,000 for several weeks, making it now a waiting game, with capital expected to flow back into the crypto market only after U.S. equities reach local highs. Market analysis suggests that historically, Bitcoin tends to experience 5% to 7% volatility during Christmas, a pattern usually tied to year-end options expirations rather than new fundamental catalysts. Data shows that approximately 300,000 Bitcoin options contracts (worth $23.7 billion) and 446,000 IBIT options contracts are set to expire this Friday.
Add to Favorites
Share to Social Media
