Odaily Planet Daily News: Crypto analyst Michaël van de Poppe posted on X platform stating that Bitcoin has been hovering between $85,000 and $90,000 for several weeks. Currently, it is a waiting game, with capital only flowing back into the cryptocurrency market after the US stock market hits a local high. Market analysis suggests that historically, Bitcoin tends to experience 5% to 7% volatility during Christmas, a pattern usually related 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.
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