Bitcoin bears need BTC price to go below $27K ahead of Friday’s $900M options expiry By Cointelegraph
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The $900 million weekly options expiry on May 12 might play a decisive role in determining whether the price will succumb to falling below $27,000.
Bitcoin (BTC) bears will try to take advantage of macroeconomic headwinds, Silk Road coins’ FUD — fear, uncertainty and doubt — and uncertainty caused by Bitcoin’s transaction fee spike to pull Bitcoin’s price down in the next few days.
Continue Reading on Coin Telegraph
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© Reuters.
The $900 million weekly options expiry on May 12 might play a decisive role in determining whether the price will succumb to falling below $27,000.
Bitcoin (BTC) bears will try to take advantage of macroeconomic headwinds, Silk Road coins’ FUD — fear, uncertainty and doubt — and uncertainty caused by Bitcoin’s transaction fee spike to pull Bitcoin’s price down in the next few days.
Continue Reading on Coin Telegraph
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