TechBitcoin’s Fed reaction and the September 18 IBIT options expiry
CryptoSlate reports about 1.47 million open IBIT options contracts, with 37.2% clustered at $40–$45 strike prices—a range it maps to roughly $70,900–$79,700 for Bitcoin.
TLDR
CryptoSlate said on September 16 that Bitcoin’s reaction to the Fed would run into a major IBIT options expiry on September 18. It reported about 1.47 million open contracts, with 37.2% clustered between the $40 and $45 strikes, corresponding to roughly $70,900–$79,700 for Bitcoin. The outlet says traders are watching whether Bitcoin’s price can escape that range.
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Bitcoin’s Fed reaction and the September 18 IBIT options expiry
CryptoSlate reports about 1.47 million open IBIT options contracts, with 37.2% clustered at $40–$45 strike prices—a range it maps to roughly $70,900–$79,700 for Bitcoin.
TLDR
CryptoSlate said on September 16 that Bitcoin’s reaction to the Fed would run into a major IBIT options expiry on September 18. It reported about 1.47 million open contracts, with 37.2% clustered between the $40 and $45 strikes, corresponding to roughly $70,900–$79,700 for Bitcoin. The outlet says traders are watching whether Bitcoin’s price can escape that range.